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India-Pakistan | |||||
Pakistan can become ‘economic tiger’ sez Jahwn | |||||
2014-01-29 | |||||
![]() The United States and Pakistan were meeting for the first time since October 2010 for their “strategic dialogue.” Kerry, who as a senator spearheaded a multibillion-dollar support package for the country, said the United States wants “stronger ties with the people of Pakistan — I emphasise, with the people of Pakistan —” as the Afghan war which forged their partnership winds down. He praised Prime Minister Nawaz Sharif’s economic reforms, which include efforts to build Pakistan’s miniscule tax base, as part of a $6.7 billion loan package from the International Monetary Fund. “The United States has no doubt that Prime Minister Sharif’s policies will put Pakistan on a path towards a more prosperous future, and we fully support his goal of making Pakistan’s marketplace a tiger economy for the 21st century,” Kerry said.
“We believe very strongly that Pakistan is stronger for the diversity and dynamism of its people and is strongest when every man and woman in Pakistan, regardless of religion or sect or gender, participates in full in society,” Kerry said. Pakistan has trudged forward at a growth rate of around three per cent over the past five years, short of the levels seen as needed for the youthful country to tackle widespread poverty. The growth is well below the growth clocked by East Asia’s “tiger” economies or neighbour and historic rival India. The central State Bank of Pakistan has been more optimistic, projecting GDP growth of up to four per cent in the current fiscal year.
Sartaj Aziz, Sharif’s national security adviser, said that Islamabad wanted to turn a “transactional relationship” into a deeper partnership in which the United States “will not look at Pakistan from the two specific lenses of Afghanistan and terrorism.”
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Posted by:Steve White |
#2 Mesnwhile, Save-Justin-Bieber Fans, NOT to be outdone by wily We-should-be the-World's-first-Islamic-Superpower-not-You/Iran Pakistan ... ... * GROONG, TOPIX > DAVOS: IRAN PRESIDENT PREDICTS HIS COUNTRY HAS POTENTIAL TO BE ONE OF THE WORLD'S TOP TEN ECONOMIES IN 30 YEARS. Lets just say circa Year 2044 - 2050 = by 2050. |
Posted by: JosephMendiola 2014-01-29 19:14 |
#1 "Pakistan's marketplace a tiger economy for the 21st century" I didn't know there was a global market for bile and spittle. |
Posted by: Pappy 2014-01-29 15:31 |