Mutually beneficial CPEC

702

The US$ 46 billion package offered by China in April last year is the biggest package ever offered to Pakistan by a foreign donor or an aid agency. The package is almost half of loans contracted by Pakistan since 1947 and the package is even bigger than the total FDI received by Pakistan from all sources in the past 60 years. The package is equal to 10 percent of Pakistan’s total GDP. One can imagine the package’s importance in Pakistan’s economy.