24.9 C
Karachi
Friday, March 29, 2024
- Advertisement -
 

IPR report underlines measures for sustainable Pakistan economy

TOP NEWS

Web Desk
Web Desk
News Stories Posted by ARY News Digital Team

In view of booming fourth phase of generation revolution in the arena of industrial development, Pakistani think tank ‘Institute for Policy Reforms’ (IPR) issued a comprehensive report for the amelioration of economic situation in Pakistan.

According to the report, for a sustainable economy, Pakistan should increase the quantity of high-value products in its exports.

The report of IPR suggests the need to focus more on Science and Technology as the textile industry has a major share in exports of Pakistan which is 80% of Pakistan’s total exports and 6% of global exports.

While highlighting the fact that trade of industry-made products in Pakistan is very minimal, the report draws attention to the worn out ways by which our economy is still being and lack of all modern-day techniques in the industrial sector of Pakistan.

The IPR report emphasized that for the growth of economy and manufacturing, S&T policy of IPR should be implemented on all aspects of economy.

Moreover, the policy should also be given due importance on government level. IPR’s S&T policy covers sectors of education, technical training, research and development, specialized technical institutions and a top notch system to supervise and scrutinize these sectors.

- Advertisement -
- Advertisement -
 

POLL

Will the PML-N led govt be able to steer Pakistan out of economic crisis?

- Advertisement -
 

MORE STORIES