Politicking may hurt CPEC, says World Bank


ISLAMABAD: Political differences within Pakistan and a slowing Chinese economy have become risks to the materialisation of the $46-billion investment under China-Pakistan Economic Corridor, according to the World Bank.

A new report by the global lending organisation also projects Pakistan could miss its current fiscal targets on economic growth and budget deficit while warning Islamabad to be mindful of moderating remittances that may pose a danger to its external sector stability.