CPEC investments to help narrow power deficit, boost GDP: IMF

International Monetary Fund has said that the investments under China Pakistan Economic corridor (CPEC) can help close Pakistan’s power deficit, significantly improve its fuel mix, and boost GDP by adding $13 billion in 7 years.
“The planned expansion of energy sector capacity could eliminate Pakistan’s 6GW generation capacity gap in 2016 as early as end-2018”, IMF said in its latest report on “Pakistan: Staff report for the 2017 article IV consultation”.
Published in Business Recorder, 16th July 2017