Finance Minister Ishaq Dar briefed annual meeting of Asian Development Bank Board of Governors in Astana, Kazakhstan on the economic reforms being implemented in Pakistan.

He highlighted the government’s strategy to overcome the macro economic challenges.

Speaking in Nuqta-e-Nazar programme of Radio Pakistan, Dr. Abid Qayyum Sulehri, Executive Director of the Sustainable Development Policy Institute, said: “Pakistan’s economy has been showing many positive trends for the last one year. Clearing of circular debt will reduce the energy shortfall in the country. The economy is expected to show a growth rate of 3.5 to 4 per cent per annum.”

Journalist Afzal Bajwa said: “The economy is on a recovery path. Annual growth rate of 4 per cent can be achieved.”

Economist Dr. Salman Shah said if we succeed in controlling line losses the energy crisis can be overcome.

Another economist Dr. Sabour Ghayour said country's manufacturing and agriculture sectors have shown growth during the last year.  

President Lahore Chamber of Commerce and Industry Engineer Sohail Lashari said: “Law and order and energy crisis are the two major challenges for Pakistan's economy. If we overcome these two challenges our economy can grow considerably. Country needs mega power projects to meet growing energy demands.”

Taking part in the discussion, Usman Zakaria, President Federation of Pakistan Chamber of Commerce and Industry, said: “Despite many challenges, Pakistani economy is showing positive trends. Government has initiated a number of energy projects which are appreciable.”

Third-party Ads