Pakistan Focuses on Economic Development and International Relations

Pakistan's government has emphasized the importance of export-led growth in driving the country's economic development. This push for economic growth comes amid efforts to solidify the nation's stance on the international stage, marked by its recent accession to a two-year term as a non-permanent member of the UN Security Council.

Pakistan's Prime Minister¹ has underscored the need for a collective effort to achieve the country's aim of becoming stronger by 2025. This goal is multifaceted, encompassing strides in economic development, international collaboration, and peace efforts. Deputy Prime Minister² reaffirmed the country's commitment to peace through collaboration with the United Nations, highlighting the importance of bilateral relationships and international cooperation in fostering peace and development.

Steps are being taken to enhance Pakistan's economic infrastructure, with the Federal Minister³ overseeing ongoing efforts to improve port facilities, a crucial component for boosting trade and economic growth. Reliable and accurate data collection is also seen as critical for the success of an agricultural revolution, as stated by the Minister for Industries and Production. Economists argue that accurate data would be necessary for making informed decisions and valid plans for the growth of agricultural sector which would ultimately boost economy of the country.

Pakistan has also engaged diplomatically with its neighboring countries, as exemplified by the recent exchange of lists of nuclear installations and facilities with India. Facilitating foreign investment has become a key part of the country's strategy to boost its economy, as a one-window platform has been established for this purpose.

Domestically, efforts are underway to improve the living conditions of the underprivileged. The BISP Chairperson, Senator Rubina Khalid, has engaged with international partners, such as the Vice President of the Pakistan Association of Australia, to enhance skill development opportunities for beneficiaries of the Benazir Income Support Programme. This collaboration aims to connect deserving individuals with high-quality training institutions, equipping them with skills to integrate into the workforce.

Pakistan's efforts to diversify its economic base, enhance international cooperation, and improve the standard of living for its citizens reflect a multifaceted approach to development aimed at achieving its goal of becoming a stronger nation by 2025.