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Work on 103km Nokundi-Mashkhel Road started: Asim Bajwa

ISLAMABAD: Chairman of China Pakistan Economic Corridor (CPEC) Authority Lt. General (retd) Asim Saleem Bajwa has said that work on 103km Nokundi-Mashkhel Road has been started.

on a social media website Twitter, the CPEC chairman said “Work on 103 KM Nokundi-Mashkhel road started, significant. Detailed design Mashkhel-Panjgur Road(200 km)in process.”

“To connect N-40 with N-85&M-8,(Western Route CPEC)linking Chagai-Nokundi Sector with Gwadar, open entire remote region. Will improve access to Iran #CPECMakingProgress,” he added.

On Saturday, Asim Saleem Bajwa had said all the major macroeconomic indicators were moving towards a positive trajectory due to immense hard work by the government.

Asim Bajwa said not without immense hard work, Pakistan’s economy performed beyond expectations with all major macroeconomic indicators showing a positive trend amid the Covid-19 pandemic.

The hard work resulted in 3.94 percent economic growth during the outgoing fiscal year, the Chairman China Pakistan Economic Corridor added.

It is pertinent to mention here that the National Accounts Committee (NAC) has estimated that the provisional growth rate of Gross Domestic Product (GDP) during the current fiscal year (2020-2021) was 3.94 percent.

“Due to a combination of GDP growth and strengthening of Pak rupee against the US dollar, per capita income of Pakistan jumped by 13.4 percent during the current fiscal year (2020-21) from $1361 to $1543,” said Minister for Planning, Development and Special Initiatives Asad Umar.

He said total the GDP increase from $263 billion to $296 billion, an increase of $33 billion during the current fiscal year, was the highest ever in any year.

The minister said after compiling all the data, the NAC finalised its estimates that the GDP growth rate during the ongoing fiscal year was 3.94 percent despite the huge challenge posed to the economy by the COVID-19 pandemic. It was extremely gratifying and proof of the success of Prime Minister Imran Khan’s economic policies, he added.