Washington: US intelligence report says Pakistan could become the world’s 23rd largest economy by 2040.

According to a report by a foreign news agency, the US Intelligence Council has released a report stating that Pakistan’s current GDP rank is 39 and by 2040 it could become the 23rd largest economy in the world.

According to the report, by 2035, Karachi will become the fourth most populous city in the world and between 2030 and 2040, the trend of global economic activity will be towards Asia.

The US Intelligence Council says tensions between the United States and China could escalate, with changes in military power, including a shift in population to technology and governance models.

Earlier, US policymakers had also announced that Pakistan could become a major economy in the next few years.