Monday, 23 September 2024, 12:33:35 am

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Not going to IMF is a desire for the people and political leaders but to implement this, we have to take strict actions and steps:

Dr. Noor Fatima (Economist): Not going to IMF is a desire for the people and political leaders but to implement this, we have to take strict actions and steps. If we see what we could do in this regard then first we have to remember that we could not be a major industrial country nor we are good at industries like we used to be in 1960s. In such circumstances, first we need to convert our youth to human capital and secure the investments of the investors by overseeing and ensuring implementation of institutions like SIFC. We have to establish a system in which we could absorb the foreign investments and facilitate it in the country and use its technology to teach and prepare our coming generation for the global trends.

Unfortunately we like industry, have ignored the agriculture despite we are agriculture country and 60 percent of our employment is engaged in agriculture sector. We did not facilitated and brought innovation in our agriculture sector which is facing problems like unavailability and high energy cost for irrigation and non-provision of adequate quantity of fertilizers. There are many things that could be done but first we have to create an infrastructure to implement our economic goals and address all the issues hindering progress in this regard.