Musadik Malik on Wednesday called for a fundamental shift in Pakistan\u2019s economic model, saying that sustainable prosperity was only possible through higher productivity, an exports-led growth strategy and a stronger role for the private sector.
\nAddressing the inaugural session of the Pakistan Policy Dialogue titled \u201cCorrecting Course: Pakistan\u2019s Economic Reset\u201d in Islamabad, the minister said the state should focus on becoming a facilitator for economic activity.
\n\u201cThe only path to prosperity passes through increased productivity,\u201d Dr Malik said, adding that the private sector must play a central role in driving economic growth while the government should create an enabling environment rather than directly managing commercial enterprises.
\nHe said that sustainable and environment-friendly economic growth had become an urgent national necessity, stressing that economic recovery could no longer rely on assets and power alone but must be built on education, skills and productivity.
\nThe minister said privatisation was not an ideological project but a mechanism to correct market distortions, and argued that an export-oriented growth model was the only viable guarantee for long-term economic stability.
\nDr Malik said the government\u2019s reform efforts had begun to show improvement in key economic indicators, but emphasised that lasting prosperity would depend on giving talent and capability the opportunity to move forward.
\nHe added that Pakistan\u2019s path to prosperity was now linked not just to capital and resources, but to access to opportunities and improvements in governance and systems.
\nThe Pakistan Policy Dialogue, organised by the Policy Research and Advisory Council, brought together senior government officials, economists, and policy experts to discuss reforms aimed at correcting the country\u2019s economic course and laying the foundations for sustainable growth.<\/p>\n","protected":false},"excerpt":{"rendered":"
Musadik Malik on Wednesday called for a fundamental shift in Pakistan\u2019s economic model, saying that sustainable prosperity was only possible through higher productivity, an exports-led growth strategy and a stronger role for the private sector. Addressing the inaugural session of the Pakistan Policy Dialogue titled \u201cCorrecting Course: Pakistan\u2019s Economic Reset\u201d in Islamabad, the minister said …<\/p>\n","protected":false},"author":4,"featured_media":92301,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-92291","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/92291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=92291"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/92291\/revisions"}],"predecessor-version":[{"id":92302,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/92291\/revisions\/92302"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/92301"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=92291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=92291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=92291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}