LAHORE: Effective measures are needed for economic and food security as well as the protection of national institutions and the elimination of instability, as well as the promotion of truth and the end of lies for the development and prosperity of the economy and people of Pakistan.
In addition, promoting skills development in all areas can be helpful in solving economic problems. At the same time, the business sector needs confidence and stability.
These views were expressed by speakers during Jang’s economics session on “New Government – Public Expectations – When and How Will We Get There?” “. The panelists were Kashif Younas Meher, Sam Ali Dada, Seher Malik and Dr. Qais Aslam moderated by Sikindar Lodhi.
Kashif Younis said reforms and practical measures were urgently needed to promote food security, justice and health sector reforms. These are important pillars for the country’s economic recovery. Despite being an agricultural country, our basic needs like wheat, rice, flour and other staples are insufficient for food security. Pakistan lags behind in agricultural production. He asked to look at the national reserves first, to work on the educational establishments, because the establishments only sell diplomas while the country desperately needs qualified people, he observed.
Sam Ali Dada observed that the role of political stability in the economic development of the country was crucial, which required an effective foreign policy and institutions. Each ruling party should have a program to protect the national interest and its ideology. She said businesses were suffering due to the instability of the political system. There is a need to simplify the tax system while including non-tax complaint areas in the tax system.
Seher Malik said business stability was key. Pakistan needs to boost its economy, which requires special attention to boost the business sector. Also, special attention should be given to educational institutions as they do not impart skills and vocational training to children. In addition, more attention should be given to young people and women.
Dr. Qais Aslam said the war of political differences is having a negative effect on the country’s economy and society. It is unfortunate that no comprehensive government or private sector policy on long-term economic issues has been developed over the past 70 years. The economic problems have continued to worsen. He underscored the need to adopt a savings-driven and technology-driven development path that quickly alleviates economic and social problems. In addition, comprehensive tourism planning will alleviate the water crisis while paving the way for economic growth. He called for better policy to address health and education issues at the national level instead of artificial policies. Taxes should be eliminated from basic necessities and needs
to impose more taxes on luxury items.