On the momentous occasion of the 10th anniversary of the China-Pakistan Economic Corridor (CPEC), Finance Minister Ishaq Dar presided over the official launch of the Bank of China in Islamabad. This event marks a significant milestone, symbolizing the deepening economic cooperation between China and Pakistan.
During the inauguration ceremony, Minister Dar expressed sincere appreciation to the Chinese authorities for their unwavering support to Pakistan during challenging times. This support played a pivotal role in helping Pakistan overcome various economic difficulties successfully.
Proudly presenting positive statistics on Pakistan’s economic performance, Minister Dar emphasized the nation’s trajectory of improvement. Notably, international rating agencies have raised Pakistan’s credit rating, a testament to its economic progress and financial stability. He underlined that Pakistan’s resilient efforts have enabled the country to emerge from tough times and embark on a journey of growth.
Looking ahead with optimism, Minister Dar expressed confidence in the Chinese currency, the Yuan, becoming a widely accepted alternative currency in the global arena.
As CPEC celebrates its 10th anniversary, this joint venture continues to be a transformative project, fostering closer economic ties and regional connectivity between China and Pakistan.