ISLAMABAD: The whole economic system in Pakistan has become stale and overly-centralised. That is why it is
inefficient and incapable of redressing the challenges. This was stated by former Planning Commission of Pakistan deputy chairman Dr Nadeemul Haque on Tuesday while delivering a lecture on
his recent book: Looking Back: How Pakistan Became an Asian Tiger by 2050, at the Sustainable Development Policy Institute (SDPI). “Therefore, the system should be revamped with a decentralised and pattern-based system with a holistic approach. The academia in Pakistan lacks research, whereas mainstream media in the country
also ignores development issues. The government is also not supporting inclusive discussion on national economic needs. Hence, there could not be a development discourse that could have been fundamental in setting national goals and targets,” he said.
Earlier, Dr Vaqar Ahmed, th
e SDPI deputy executive director, stated that at a time when the federal and provincial governments were gearing up to make their budgets, such deliberations had immense importance. “It is an opportunity for the governments to revisit the current policies in the light of informed discussions on various budgetary aspects, including free and fair taxation system, pro-poor public investments in infrastructure and social sectors as well a
s sustainable social safety nets programme for our children, women, the elderly and marginalised groups,” he said.
.jpg)
.jpg)
