Framework for Economic Growth, Pakistan - Planning Commission
Framework for Economic Growth, Pakistan - Planning Commission
Framework for Economic Growth, Pakistan - Planning Commission
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International conference on “<strong>Framework</strong> <strong>for</strong> <strong>Economic</strong> <strong>Growth</strong>, <strong>Pakistan</strong>”- Developing vibrant cities by developing an enabling environment which will be thehotspot <strong>for</strong> promoting entrepreneurship and innovation, assuring better returnsthrough improved productivity on investments <strong>for</strong> all investors,- Inclusiveness of rural infrastructure and markets <strong>for</strong> growth and poverty reduction,- Recognition of in<strong>for</strong>mal sector,- Development of financial markets and institutions and mandi system,RECOMMENDATIOSNS:Following are some of the recommendations to effectively implement FEG:- Unless we have political consensus and support behind which should cut across allthe political lines, we can’t deliver the result,- To make this strategy become a part of all government policies and thinking to makeit work,- One of the important challenges <strong>for</strong> the FEG is to sell the idea to all the stakeholdersin public and private sector. We need to put a mechanism <strong>for</strong> implementation and buysupport from the society, Civil Servants, and most importantly from the topleadership in the country,- To equip youth with appropriate skills, capacities and knowledge to effectively dealwith the present day development challenges. Investing in youth which can acceleratethe fight against poverty, socio-economic disparity and gender discrimination,- There should be a synergy of support from various sections of the community likebusinessmen, political leadership, administrators and general public to make a veryattractive business environment in the country,- Sequencing of the do-ables would be needed. Some low hanging fruits would beneeded to get started quickly.- Recognition by federal, provincial and local governments to put the cities at thecenter of growth initiatives.- New <strong>Growth</strong> Centre should take benefit of the global knowledge and identify clustersacross the country.- To bring in<strong>for</strong>mal part of the city into the overall growth framework and make poorpeople participate in overall growth ef<strong>for</strong>t,- Greater accountability and better fiscal management are needed to achieve moreinclusive growth in developing,- Results Based Management system focusing on public service delivery should beintroduced at planning, budgeting and monitoring stages.- Development of KPIs <strong>for</strong> each of the policy initiative <strong>for</strong> federal, provincial and localgovernments, and approval from the cabinet to make it a part of monitoring andevaluation mechanism.- Development of a Per<strong>for</strong>mance Delivery Unit (same like as President’s Delivery Unit<strong>for</strong> Development Monitoring and Oversight Indonesia)***129