Edevelop
ELITE MEMBER
- Joined
- Feb 2, 2007
- Messages
- 14,735
- Reaction score
- 23
- Country
- Location
LahorePakistans economy is resilient and growing with some phenomenal growth in remittances and informal economy, but the people are reluctant to invest due to many reasons including energy crisis.
This was the crux of a panel discussion held under Finance Minister Abdul Hafeez Sheilkh at World Bank headquarter a few days ago. International experts on Pakistans financial and social issues were present at the event.
According to the panellists Pakistan being the second largest country of the South Asian region a great potential to explore.
The World Bank Vice President for South Asia Isabel Guerrero posed two questions to the panel: What inspires you about Pakistan and what is the one shift needed to change the country for the better?
The grace of the people of Pakistan amidst adversity inspires me, Shaikh responded to the first question, and many of the other answers also cited Pakistans resilience in the face of multiple crises. Shaikh noted, Countries that invested in their people, exported their products, and found the right balance between the public and private sector get ahead.
Nancy Birdsall, president of the Center for Global Development, said a culture of philanthropy has helped Pakistanis embrace displaced people and respond to these challenges. She said the country is similar in this regard to the United States, as well as in its tradition of religious moderation.
Pakistans economy resilient, growing: panel
This was the crux of a panel discussion held under Finance Minister Abdul Hafeez Sheilkh at World Bank headquarter a few days ago. International experts on Pakistans financial and social issues were present at the event.
According to the panellists Pakistan being the second largest country of the South Asian region a great potential to explore.
The World Bank Vice President for South Asia Isabel Guerrero posed two questions to the panel: What inspires you about Pakistan and what is the one shift needed to change the country for the better?
The grace of the people of Pakistan amidst adversity inspires me, Shaikh responded to the first question, and many of the other answers also cited Pakistans resilience in the face of multiple crises. Shaikh noted, Countries that invested in their people, exported their products, and found the right balance between the public and private sector get ahead.
Nancy Birdsall, president of the Center for Global Development, said a culture of philanthropy has helped Pakistanis embrace displaced people and respond to these challenges. She said the country is similar in this regard to the United States, as well as in its tradition of religious moderation.
Pakistans economy resilient, growing: panel
