LAHORE: The PML-N Traders Wing General Secretary Shahid Nazir has said that Pakistan’s economy is performing much better than many Middle Eastern and African countries so much so that it has become an important investment destination.
Quoting the report of Citigroup, he said Pakistan, South Asia’s second-largest economy, had shown outstanding performance in all significant development and economic indicators in recent years. “The government, which took over after a landslide victory in May 2013 elections, has also achieved the growth rate of 4.5 percent, the highest in the last eight years,” he added.
He said the government was creating a conducive environment for investment in the country. Nazir further said that the government had also taken a historic step for improving the country’s economy, food security and the lives of farmers by approving an agricultural technology that will help produce more by using fewer resources.
“The recent decision of the Ministry of Climate Change and the Ministry of National Food Security & Research to allow farmers to choose genetically enhanced corn seeds would help them produce better crops and reduce their impact on the environment,” he explained.
