AVN 67.38 Increased By ▲ 0.09 (0.13%)
BOP 9.90 Increased By ▲ 0.08 (0.81%)
CHCC 128.50 Increased By ▲ 0.19 (0.15%)
DCL 11.30 Increased By ▲ 0.04 (0.36%)
DGKC 111.70 Decreased By ▼ -0.22 (-0.2%)
EFERT 61.68 Increased By ▲ 0.93 (1.53%)
EPCL 44.60 Decreased By ▼ -0.18 (-0.4%)
FCCL 21.12 No Change ▼ 0.00 (0%)
FFL 17.77 No Change ▼ 0.00 (0%)
HASCOL 22.10 Increased By ▲ 0.24 (1.1%)
HBL 133.56 Increased By ▲ 0.45 (0.34%)
HUBC 82.52 Increased By ▲ 0.52 (0.63%)
HUMNL 8.08 Decreased By ▼ -0.02 (-0.25%)
JSCL 30.22 Increased By ▲ 0.33 (1.1%)
KAPCO 28.04 Increased By ▲ 0.16 (0.57%)
KEL 4.24 Increased By ▲ 0.03 (0.71%)
LOTCHEM 12.62 Decreased By ▼ -0.05 (-0.39%)
MLCF 39.74 Increased By ▲ 0.25 (0.63%)
OGDC 105.45 Decreased By ▼ -0.04 (-0.04%)
PAEL 37.29 Decreased By ▼ -0.02 (-0.05%)
PIBTL 13.58 No Change ▼ 0.00 (0%)
PIOC 98.09 Increased By ▲ 0.29 (0.3%)
POWER 9.65 Increased By ▲ 0.12 (1.26%)
PPL 94.03 Increased By ▲ 0.34 (0.36%)
PSO 207.85 Increased By ▲ 0.60 (0.29%)
SNGP 64.37 Decreased By ▼ -0.04 (-0.06%)
STPL 14.20 Increased By ▲ 0.03 (0.21%)
TRG 55.40 Increased By ▲ 0.07 (0.13%)
UNITY 18.38 Decreased By ▼ -0.01 (-0.05%)
WTL 1.21 Increased By ▲ 0.01 (0.83%)
BR100 4,334 Decreased By ▼ -12.22 (-0.28%)
BR30 22,002 Decreased By ▼ -81.03 (-0.37%)
KSE100 41,701 Decreased By ▼ -105.14 (-0.25%)
KSE30 17,606 Decreased By ▼ -52.86 (-0.3%)
CASES 309,581 566
DEATHS 6,451 7

ISLAMABAD: Special Assistant to the Prime Minister on Social Protection and Poverty Alleviation Dr. Sania Nishtar has said that Ehsaas programme is about the creation of a ‘welfare state' by countering elite capture and leveraging technology to create precision safety nets, promoting financial inclusion and access to digital services and supporting the economic empowerment of women.

She was speaking at a dialogue arranged with the visiting President of World Economic Forum (WEF), Børge Brende, who arrived in Islamabad for day long visit to meet Prime Minister Imran Khan and other members of the government, a press release issued here said.

She elaborated, Ehsaas, as one such transformative agenda which aims at "the human capital formation for poverty eradication, economic growth and sustainable development, and overcoming financial barriers to accessing health and post-secondary education” she added.

Ikram Sehgal, Chairman of Pathfinder Group, and Anum Akhai, of Martin Dow Group, hosted an interactive dialogue in his honor.

Dr. Sania Nishtar and Reza Baqir, Governor State Bank of Pakistan were also present at the interactive dialogue together with a number of renowned economists, finance and media specialists, government officials, diplomats and other stakeholders. Speaking at the dialogue, Dr. Nishtar welcomed Mr. Brende to Pakistan. She said that today we live in a very interconnected world, and this world appears to be challenged on many accounts.

There are widening inequities, a number of demographic shifts, several epidemiological challenges, and a rapid wave of urbanization are posing serious challenges to it.

Also, there are many wars and conflicts ongoing, a number of humanitarian crises, a famine, the largest migration waves since the Second World War.

This is a world in which trust in multilateralism is eroding, the global system is facing threats that could wipe out the development gains of the past centuries.

She said that even in the face of these challenges there are some auspicious developments at the global level, such as the focus on systems through Agenda 2030, emphasis on human capital development, and the potential of technology to deliver on public outcomes, she said that the World Economic Forum was one such positive transformative force as well due to its convening ability to convene public and private sectors and forge collaborative solutions.

She appreciated Mr. Brende for visiting Pakistan at a very opportune time when Pakistan is moving forward with transformative development agenda as the Prime Minister’s top priority.

Mr. Brende in his address, appreciated the hospitality of Pakistan and said that with huge youth bulge in population, extensive potential for renewable energy and massive scope for skill building, and competitiveness, Pakistan has a great opportunity for economic growth.

This indicates the cruciality of human capital development for the socio-economic growth of the country, he added. Currently, Pakistan’s economy is at a very critical juncture and Pakistan can successfully come out of this transition by making right investments in education and skill development.

He appreciated that the present government is driving in the right direction to uplift the economic engine of the country by thought partnerships and collaborations between public and private sectors.

He announced that World Economic Forum will be launching a national accelerator on bridging the skill gap in Pakistan.

Copyright APP (Associated Press of Pakistan), 2019