In the context of a new IMF program and upcoming budget for FY 2024-2035, Pakistan’s economic stabilization reforms need to have a human face
Policy experts call for Pakistan’s economic stabilization policies to be people-centric for long-term successISLAMABAD: to promote balanced recovery and inclusive growth that does not burden the people and improves the country’s human development indicators.
Moderated by senior economic journalist, Khurram Hussain, the panel discussion featured Dr. Shamshad Akhtar, Former Caretaker Minister for Finance and Revenue; Ms. Kanni Wignaraja, U.N. Assistant Secretary-General, UNDP Administrator and Regional Director for Asia- Pacific; Mr. Tobias Akhtar Haque, Lead Country Economist and Acting Country Director, World Bank Pakistan; and Dr. Abid Suleri, Executive Director, SDPI.
UNDP Regional Director, Ms. Kanni Wignaraja highlighted the findings of UNDP’s 2023 Integrated SDG Insights Report for Pakistan showing that the country is on track to achieve only 35 out of 169 SDG targets. “The road to Agenda 2030 will be long and tough,” she said.“Achieving an ambitious growth target will require steadfast political will, consistency in policy reforms, and innovative policy solutions with an eye toward enhancing productivity, revenue, and financing.
Addressing climate vulnerability and climate financing, Dr. Abid Suleri of SDPI stated: “More than climate vulnerability, Pakistan’s negotiations on climate financing should be centered around the private sector climate equity and community response in the wake of 2022 floods.”“We anticipate that stabilization policies will continue over the next 3-5 years, and to be successful, these policies need to be people-centric and address economic injustice,” he said.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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