Business
Economic progress hinges on political stability: Planning Minister Ahsan Iqbal
字号+ Author:Smart News Source:Travel 2025-01-13 08:58:47 I want to comment(0)
ISLAMABAD: Planning Minister Ahsan Iqbal emphasised the need for political stability and policy continuity to promote export-led growth, aiming to make Pakistan a competitive economy. Speaking at a seminar on the National Productivity, Quality and Innovation (PQI), the minister said the efforts to revive the national economy started in 2022 were now bearing fruit. “Today, the stock market is , exports are , inflation is to 7pc, and the stock market has crossed the 97,000-point ,” he said. “To further strengthen the economy, we need political stability, policy continuity, and an export-led growth model, with focus areas in human resource development, IT, agriculture, and mining,” he added. The minister said that productivity, quality and innovation were the bedrock of economic success. By adopting these principles, Pakistan can increase exports from $30 billion to $100bn, he said. The seminar’s theme was “Driving Growth Through Excellence in Productivity, Quality, and Innovation.” The event brought together many stakeholders, including esteemed academics, CEOs of leading brands, leaders from chambers of commerce and industry, and corporate executives. Senior officials from the Ministry of Planning, including members, chiefs, and project directors, also actively participated in the discussions. The planning minister highlighted Pakistan’s achievements despite early challenges post-independence. “From limited resources, Pakistan has risen to become the seventh nuclear power and is now manufacturing advanced aircraft. However, we must acknowledge that we have lagged behind in key sectors compared to other nations,” he remarked. He pointed out that in 1980, Pakistan’s per capita income was higher than China’s, but the gap has since widened, with Bangladesh and India surpassing Pakistan in economic growth.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Israeli bombing kills 2 as attacks continue on north Gaza: report
2025-01-13 08:47
-
US airman gets 15 years’ jail for leaking classified papers online
2025-01-13 08:23
-
Abrupt cancellation of permits leaves Thatta mine operators high and dry
2025-01-13 06:44
-
KP police woes
2025-01-13 06:18
User Reviews
Recommended Reads
Hot Information
- Aaqib named white-ball head coach until Champions Trophy
- Chinese convoy attack suspect identified
- The pursuit of justice
- Fritz outlasts Zverev to reach ATP Finals title match
- Beijing pushing Islamabad on joint security plan to protect its citizens
- Three die in road accidents
- CJP Afridi reviews progress on jail reform, focuses on improvements in justice system
- Thousands attend JI leader’s funeral
- Experts urge modernising education for AI era
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content