ISLAMABAD:
Finding the pathway to Pakistan’s prosperity demands a multi-directional approach and given our policy complexities and constraints, economists alone cannot undertake this job.
Similarly, setting up advisory councils with business tycoons who are beneficiaries of a rent-seeking system is an exercise in futility. Likewise, politicians who come from grassroots may represent public sentiments, however, their decisions are usually overshadowed by constituency interests.
We need an intellectual environment where economists, businessmen, bureaucrats and public representatives can work with synergy. At the 3rd Pakistan Prosperity Forum organised by PRIME, an environment was created to discuss pathways to Pakistan’s prosperity and in this article, I will share key takeaways from this exercise.
According to Shahid H Kardar, “servicing of the external and domestic debts looks increasingly unsustainable”.
There are various indicators to look at to…