According to the latest report, policymakers recently recommended Pakistan to establish a unit specific to the CPEC within the framework of Council of Common Interests (CCI). The idea is to achieve “transparency and efficiency” in the mega project.
The CCI is a constitutional body in Pakistan that is dedicated to resolves the disputes of power-sharing between the country and its provinces. It is chaired by the Prime Minister of Pakistan.
Shahid Javed Burki of the Institute of Public Policy said that the project funded by China had not been fully “defined and developed” so far. He made this statement at the launch of 10th Annual Report titled ‘The State of the Economy: CPEC Review and Analysis’.
“To realise its full potential, the CPEC program must have the support of all the citizens.”
The CPEC project was likely to add 2 percent growth to gross domestic product (GDP) of the country and better integration of the backward areas with the developed areas, Burki said.
“CPEC will also link Pakistan with the global economic system from which it has remained relatively detached.”