Federal Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal outlines government strategy to ensure long-term economic stability through sustainable growth.
Federal Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal has emphasized the government's commitment to pursuing a strategy of sustainable, export-led growth. Speaking at an official function on Monday, Iqbal highlighted that this approach aims to steer the economy away from recurring boom-bust cycles, ensuring long-term stability.
According to Iqbal, the current economic policy framework is designed to foster a balanced and resilient growth trajectory. By focusing on exports as a key driver of economic activity, the government hopes to diversify the economy and reduce dependency on volatile sectors. This strategy also aims to create more stable job opportunities and enhance foreign exchange earnings.
Furthermore, Iqbal stressed that this approach will involve several policy measures, including investment in infrastructure, technological advancements, and support for small and medium enterprises (SMEs). These initiatives are expected to stimulate productivity and competitiveness, making the economy more attractive to both domestic and international investors.
In conclusion, by adopting a sustainable growth model centered on exports, the government aims to build a robust economic foundation that can withstand external shocks. This approach not only seeks to avoid the pitfalls of boom-bust cycles but also paves the way for sustained prosperity and development in the long term.
