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Associated Press of Pakistan

Published Date: Apr 11, 2017

Experts terms decentralization a key to National Economic Growth

Apr 11 (APP):The system should be revamped with a decentralized and patterns based systems with a holistic approach for the national economic growth and prosperity of the country.Former Deputy Chairman, Planning Commission of Pakistan, Dr.Nadeem-ul-Haque said this while delivering a lecture on his recent book ‘Looking Back: How Pakistan Became an Asian Tiger by 2050’, at Sustainable Development Policy Institute (SDPI) on Tuesday.
The whole economic system in Pakistan has become stale, overly centralized and hence inefficient of redressing the challenges.

Dr. Nadeem ul Haque on the occasion said that the academia in Pakistan was lacking research whereas mainstream media in the country was also ignoring the development issues.The government must to support inclusive discussion on national economic needs and hence, there could not be develop a discourse that could have been fundamental in setting national goals and targets.

Deputy Executive Director, Sustainable Development Policy Institute (SDPI)Dr. Vaqar Ahmed, Deputy Executive Director,Sustainable Development Policy Institute (SDPI) earlier elaborated that at the occasion when the federal and provincial governments were gearing up to make their budgets, such deliberations had
immense importance.

He said it was an opportunity for the governments to revisit the current policies in the light of informed discussions on various budgetary aspects including free and fair taxation system, pro-poor public investments in infrastructure and social sectors as well as sustainable social safety nets programme for our children, women, elderly and marginalized groups. He said that the structured dialogue between the private and public sector could play crucial role in redressing issues related to productivity and exports.

Besides, he said, the taxation regime should be made tax filer friendly.Former Ambassador Shafqat Kakakhel also expressed his views that the vision presented by Dr. Haque should be made part of our development models and some of his suggestions should have been included in the Vision 2025 that has been presented by the present
government.
 
Source: https://www.app.com.pk/experts-terms-decentralization-a-key-to-national-economic-growth/ 
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