Sustainable and inclusive growth—one that creates jobs, curbs deficits, and uplifts all societal segments—is Pakistan’s only path to prosperity. Yet, this goal remains elusive as fleeting spurts of high growth often lead to macroeconomic crises. Historically, Pakistan has settled for stabilisation over ambitious growth. But 2025 presents a rare crossroads to shift gears toward a more robust economic vision.
With inflation below 5%, interest rates halved to 13%, and a stable exchange rate of Rs278/USD, the groundwork for “Growth 2.0” is set. Achieving this requires a pivot from mere stabilisation to a growth-centric policy that fosters inclusivity and sustainability.
Pakistan must address its growth imbalance, which relies heavily on consumption rather than investment or productivity. Industries need support to achieve economies of scale, particularly those with high job elasticity. Encouraging exports, attracting FDI, and leveraging digitalisation can transform sectors, ensuring economic inclusion for MSMEs and households alike.
Population control is critical. Lessons from Bangladesh’s success reveal the transformative impact of lower population growth paired with higher female workforce participation. Simultaneously, overhauling Pakistan’s energy and digital infrastructure is essential. Without affordable, predictable power and universal internet access, growth aspirations will remain unfulfilled.
Lastly, moving away from episodic structural reforms to long-term, performance-linked interventions can reduce poverty and bridge inequalities. Pakistan’s 2025 economic revival depends on bold, visionary steps—creating an economy that works for all, not just the few.
NEWS DESK
PRESS UPDATE