Pakistan’s economic challenges call for dynamic structural
reforms, feasible macroeconomic policies: Dr Arif Alvi, President of Pakistan
Islamabad July 23, 2019 – Against the backdrop of a feeble financial performance of
global emerging markets, Pakistan’s economic challenges call for dynamic
structural reforms, feasible macroeconomic policies and functional trade
linkages. Finding practical solutions to these challenges is an urgent national
enquiry that demands visionary and comprehensive answers. Dr Arif Alvi,
President Islamic Republic of Pakistan made these remarks at the National
Seminar on “Economic Insight – The Way Forward,” held under the auspices of
NUST Institute of Policy Studies (NIPS) at the main campus of National
University of Sciences & Technology (NUST) here on Tuesday.
In his address, the
President underscored the critical importance of health, education and
socio-economic equality for durable national development. He maintained Pakistan
thus needs to identify opportunities and design a powerful roadmap for
enhancing its economic stature at a swift pace and stabilise its economy
through revitalisation of agricultural, industrial, and services sectors.
The main theme was centred
on appraising various dimensions of Pakistan’s macroeconomic sector and
prospects for the country’s trade in the region, especially with India;
measuring strengths and weaknesses of economic policies; and generating some
fresh thoughts and workable ideas through an inclusive discourse by the experts
and other notable participants.
Expert presentations on
“Pakistan’s Macroeconomic Challenges – The Way Forward” and “Pakistan’s Trade
Relations with India” were delivered by DG NIPS & Member of Prime
Minister’s Economic Advisory Council, Dr Ashfaque Hasan Khan, and Advisor to
the Chief Minister of Punjab on Economic Affairs and Planning, Dr Salman Shah,
respectively. Ensuing was an interactive and in-depth analysis of macroeconomic
challenges and trade relations with India in two roundtables that comprised
distinguished experts and professionals.
Earlier, Lt Gen Naweed
Zaman, HI(M), (Retd), Rector NUST, welcomed
the esteemed guests to the seminar, which, he said, held immense significance
for showcasing particular perspectives and capturing various trends and
transformations in the economic sector of Pakistan. He added that the seminar
was organised with a view to systematically examining the real-world way
forward for the betterment of Pakistan's economy.
July 23, 2019