Pakistan has seen its stocks soar, growth accelerate, currency stabilize and foreign exchange reserves triple to a record in the last few years.
And then there’s China’s investment — $46 billion in the 3,000 kilometer-long, China Pakistan Economic Corridor, part of the One Belt One Road Initiative- $35 billion of which is earmarked for energy. Crippling power shortages remain a major barrier to the country’s industrial growth.
Nevertheless, it’s been a remarkable economic turnaround even as the country faces ongoing security challenges from the Taliban and along its border with India.
For more, CCTV’s Danial Kahn reports from Islamabad.
Tonight’s panel takes a look at the full potential of Pakistan’s economic revival:
- Moeed Yusuf, associate vice president of the Asia Center at the United States Institute of Peace
- Sourabh Gupta, resident senior fellow at the Institute for China-America Studies
- Mustafa Sayed, executive director of the Pakistan-China Institute