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Prof. Tariq Mansoor is presently serving as the Vice-Chancellor, Aligarh Muslim University, Aligarh. Previously he has also served as Principal, J.N. Medical College, Chief Medical Superintendent, J.N. Medical College Hospital and Chairman, Department of Surgery. He is also the member of Medical Council of India since March 2015 for a period of four years. He is product of the first batch of prestigious Our Lady of Fatima Higher Secondary School, Aligarh. During his school days he has served as House Captain as well as School Captain. He did his MBBS and MS in General Surgery from Jawaharlal Nehru Medical College, AMU, Aligarh. A surgeon by profession with special interest in Breast and Thyroid Diseases, Prof. Tariq Mansoor has 33 years of Teaching and 35 years of Clinical experience. He has 90 publications to his credit and has guided 49 Postgraduate Medical Students for their Thesis as Supervisor / Co-Supervisor

Pak’s current account deficit rises due to CPEC: ADB report

Pak’s current account deficit rises due to CPEC: ADB report

Islamabad: Pakistan’s current account deficit (CAD) has risen to 4.5 per cent mainly due to the smooth implementation of projects under the USD 63 billion China-Pakistan Economic Corridor (CPEC), according to a report by Asian Development Bank (ADB).

As per the report of ADB titled – ‘Asian Development Outlook 2018’, the CAD expanded on larger imports that widened the trade deficit despite a strong revival in exports.

The deficits are being addressed, especially by investment in energy, including under the CPEC project. A number of projects, especially in power supply, are already completed or nearly done, with financing from the government development expenditure, multilateral development banks and CPEC resources.

The ADB report said at 8.3 per cent, there was a faster growth in fixed investment, which reflected larger public investment, while private investment grew by only 4.1 per cent, restrained by substantial infrastructure deficits, especially for electric power supply. The large increase in the volume of imports in the face of stagnant exports pushed net exports substantially lower during the same fiscal year.

To support growth enabled by improved energy supply, Pakistan’s central bank, the State Bank of Pakistan maintained its policy rate at 5.75 per cent in the fiscal year 2017-18, which facilitated a 13.7 per cent increase in money supply.

The building of the CPEC project is a combination of building roads, rails, power plants and economic free zones in Pakistan.

Thousands of Chinese engineers are currently working on the project. When built, it will link Gwadar to Xinjiang region in China, through Khunjerab Pass, giving Beijing a secure and shortest trade access to international markets.

India is against the CPEC project since it passes through the disputed Pakistan-occupied Kashmir (PoK) region. (ANI)

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from The Siasat Daily

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