Pakistan does not meet minimum requirements of fiscal transparency: US report
Washington, Jun 16 (PTI) Pakistan does not meet the minimum requirement of fiscal transparency, an official US report has said, alleging that the country did not adequately disclose all government-guaranteed debt obligations, including financing to state-owned enterprises for the projects under the USD 60 billion China-Pakistan Economic Corridor.
The CPEC is a planned network of roads, railways, and energy projects linking China's resource-rich Xinjiang Uyghur Autonomous Region with Pakistan's strategic Gwadar Port on the Arabian Sea.