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Economic Advisory Council approves framework for protection of society’s vulnerable segments

ISLAMABAD: The Economic Advisory Council meeting chaired by Prime Minister Imran Khan here on Sunday approved a Social Protection Framework to ensure that vulnerable segments of society are protected.

“The comprehensive framework aims at overcoming the challenges of poverty, health, stunted growth, education and enabling the youth realise their potential and extricate themselves out of generational poverty traps,” said a press release.

Imran Khan has also approved the policy recommendations for a Medium Term Structural Reform Framework of the economy.

Read More: ‘Economic Advisory Council meeting to discuss IMF bailout conditions’

The policy recommendations focused on acceleration of under-utilised areas including agriculture, housing, small & medium enterprises in terms of incentives, reliance on export oriented and labour intensive growth, reversal of anti-export bias, enhanced system automation and use of technology, transparency in trade regime, facilitating importers, job creation through skill development, ease of doing business through business friendly environment while focusing on productivity and moving on technology sophistication.

Finalisation of these policies is aimed at laying the foundation of a sustainable, inclusive, job creating and export oriented economic growth strategy as part of the government’s 100 days plan.

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