Govt focusing on inclusive, sustainable development for economic prosperity: Tarin

Govt focusing on inclusive, sustainable development for economic prosperity: Tarin

ISLAMABAD, Mar 10 (APP): Federal Minister for Finance and Revenue, Shaukat Tarin said that the government was focusing on inclusive and sustainable development for economic prosperity of the country.

While addressing an event organized by Association of Chartered Certified Accountants (ACCA) Pakistan, Tarin said that the COVID-19 health crisis quickly turned into a global economic crisis, said a press release issued here Thursday.

“Pakistan suffered significant loss as a result of the global pandemic and to ensure consistent growth, the government prioritized for productivity and growth in the agricultural sector which will lead to increased industrialization. Innovating and developing the agricultural sector is imperative to this goal” he added.

He said that a significant roadblock in sustainable development was the import and export gap which the government aims to reduce in the years to come. The government’s policy focuses on IT sector to harness its potential to exponentially contribute to exports and support Pakistan’s balance of payments, he expressed.

Federal Minister of Climate Change and Special Assistant to Prime Minister, Malik Amin Aslam joined the event as Guest of Honour. Speaking on the theme of sustainable growth, he said, Pakistan is on the top 10 list for countries most effected by climate change for over a decade. He said that the government’s vision was focusing on two main pillars for climate action. Pakistan is focusing on being a part of the solution with initiatives such as the promotion of clean energy use. We also continue to trust and invest in nature as climate risk needs to be looked not only just from an ecological lens but also an economical lens, he said.

The first session, titled, “Beyond the pandemic – Roadmap to Pakistan’s economic recovery” featured Muhammad Azfar Ahsan, Minister of State and Chairman Board of Investment, Pakistan, Ayla Majid, ACCA Council Member, Founder and CEO Planetive, Sardar Abubakr, SEVP – Mobilink Microfinance Bank, Barkan Saeed – CEO Viztech, Hassan Daud Butt, CEO – KP Board of Investment and Trade, Abid Qaiyum Suleri, Executive Director SDPI and Noor ul Ain Zafar, Head of Department Professional Qualifications, TMUC.

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