Finance Minister Shaukat Tarin highlighted on Sunday the need to focus on the country’s economic growth, claiming the Economic Advisory Council (EAC) had been given a task with devising long-term, medium-term and short-term plans and roadmaps for growth in 12 major sectors.
Minister said while addressing the pre-budget webinar, since the government lacked resources to invest in the growth of all sectors, it had planned to focus on 12 major areas, including agriculture, housing and power, which would put the country on the road to “inclusive and sustainable growth”.
“What we want … is inclusive and sustainable growth over a long period of time,” he said, regretting that Pakistan had never seen a long period of sustainable growth except in the 60s.
Therefore, he said he had asked the EAC to identify factors that hampered long-term economic growth in Pakistan.
