- Sputnik International
Asia
Find top stories and features from Asia and the Pacific region. Keep updated on major political stories and analyses from Asia and the Pacific. All you want to know about China, Japan, North and South Korea, India and Pakistan, Southeast Asia and Oceania.

Pakistani Economic Growth May Double as Politicians Unite Against Terrorism

© Fotolia / BastosPakistan
Pakistan - Sputnik International
Subscribe
Pakistani political unity to stabilize the country is expected to encourage both local and foreign investment and create a friendlier atmosphere for economic growth.

The police raids follow an attack on a school in Peshawar earlier in December - Sputnik International
Pakistani Police Arrest 45 Afghans in Peshawar: Reports
MOSCOW, January 5 (Sputnik) — Pakistan’s Governor of State Bank said the country’s economy could rise to 8 percent, almost doubling its current rate, as local politicians, responding to the recent horror of the Peshwara school massacre, unite in the fight against terrorism, Bloomberg reported Monday.

“I’m optimistic because this is the first time in many years that the political parties are struggling in unison to find solutions,” Ashraf Mahmood Wathra was quoted as saying by the news outlet.

Wathra did not provide a time frame, but stated that the economy could be expected to grow to 8 percent from last year's 4.1 percent, according to Bloomberg.

Pakistan's Prime Minister Nawaz Sharif - Sputnik International
Asia
Pakistan PM Orders Inquiry Into Stay of Executions for Terrorists
According to the news outlet, the country’s opposition parties ended five months of street protests against Prime Minister Nawaz Sharif after a December 16 attack by the Pakistani Taliban on a military school in Peshawar, which killed over 130 children.

Terrorism and lack of political cooperation hindered Sharif’s efforts to grow Pakistan’s economy after he had come into power in 2013, including plans to privatize at least 32 state-run companies and to provide reliable energy supply.

However, Pakistani political unity to stabilize the country is expected to encourage both local and foreign investment and create a friendlier atmosphere for economic growth. According to the news outlet, terror attacks have cost Pakistan about $29 billion in the last three years.

Following the Peshawar school massacre, Sharif announced a national plan to combat terrorism, supported by the main opposition party leader Imran Khan. The provisions of the national plan, aimed at “degrading and destroying all forms of terrorism,” includes allowing military courts to hold accelerated trials for terrorist suspects.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала