Finance Minister Ishaq Dar has expressed the confidence that economic and diplomatic ties between Pakistan and China will touch new heights in the time to come. Addressing the opening ceremony of Bank of China, Islamabad branch on Monday, he said China had always supported Pakistan at world forums. He said China was Pakistan's time-tested friend. Dar especially thanked China and its financial institutions for extending tremendous financial support to Pakistan during the difficult times. The finance minister said Pakistan was largely out of turbulent phase. One of the rating agencies has also upgraded Pakistan. He said country was now moving from stability to growth again.

 Alluding to the CPEC, the finance minister said work had been fast tracked on the corridor project, expressing the confidence that in the years to come, people would see its benefits reaching the common man. Dar also felicitated Bank of China for establishing its second branch in Pakistan. He hoped that the RMB would soon become a parallel acceptable currency in the global financial market.

 
Credit: Independent News Pakistan (INP)