Tuesday, 23 April 2024, 04:59:59 pm

Political instability, adventurism biggest threat to economy: Planning Minister
February 04, 2023

Minister for Planning and Development Ahsan Iqbal says government is focusing on harnessing private and foreign direct investment in sectors related to export oriented goods and services. 

Speaking at a Round Table Conference on Pakistan's Economics in Lahore on Saturday, he said we can address structural issues of economy by focusing on exports to expand its overall base and by including value added goods and services.

Ahsan Iqbal regretted that political instability and adventurism has been the biggest threat to Pakistan's economy.

The Minister said in order to earn policy dividend, there needs stability as policies take root, grow, evolve and start bearing fruits over a decade or so.

Ahsan Iqbal said Pakistan needs to walk through a stabilization process but that must be coupled with long term industrial framework that realigns economic incentives in the country across all sectors.

He said Ministry of Planning has launched a Champions of Reform network which is open to all and anyone interested can join it via visiting Ministry's website pc.gov.pk.