AGL 22.94 Increased By ▲ 0.91 (4.13%)
AIRLINK 111.29 Increased By ▲ 6.49 (6.19%)
BOP 5.25 Increased By ▲ 0.03 (0.57%)
CNERGY 3.72 Decreased By ▼ -0.01 (-0.27%)
DCL 7.99 Increased By ▲ 0.29 (3.77%)
DFML 40.27 Increased By ▲ 3.87 (10.63%)
DGKC 88.00 Increased By ▲ 0.95 (1.09%)
FCCL 21.99 Increased By ▲ 0.01 (0.05%)
FFBL 42.20 Increased By ▲ 1.24 (3.03%)
FFL 8.55 Decreased By ▼ -0.10 (-1.16%)
HUBC 153.29 Increased By ▲ 3.04 (2.02%)
HUMNL 10.45 Increased By ▲ 0.14 (1.36%)
KEL 4.50 Increased By ▲ 0.05 (1.12%)
KOSM 3.85 Increased By ▲ 0.06 (1.58%)
MLCF 36.80 Decreased By ▼ -0.10 (-0.27%)
NBP 47.99 Increased By ▲ 0.06 (0.13%)
OGDC 131.80 Increased By ▲ 2.10 (1.62%)
PAEL 26.15 Decreased By ▼ -0.34 (-1.28%)
PIBTL 6.03 Increased By ▲ 0.05 (0.84%)
PPL 115.50 Increased By ▲ 1.16 (1.01%)
PRL 22.60 No Change ▼ 0.00 (0%)
PTC 12.58 Increased By ▲ 0.06 (0.48%)
SEARL 55.69 Increased By ▲ 1.49 (2.75%)
TELE 7.20 Increased By ▲ 0.10 (1.41%)
TOMCL 37.00 Increased By ▲ 1.10 (3.06%)
TPLP 7.85 Decreased By ▼ -0.30 (-3.68%)
TREET 15.30 Decreased By ▼ -0.20 (-1.29%)
TRG 54.55 Increased By ▲ 0.54 (1%)
UNITY 31.86 Decreased By ▼ -0.14 (-0.44%)
WTL 1.17 Decreased By ▼ -0.02 (-1.68%)
BR100 8,343 Increased By 52.7 (0.64%)
BR30 26,335 Increased By 323.4 (1.24%)
KSE100 78,987 Increased By 447.9 (0.57%)
KSE30 25,365 Increased By 156.8 (0.62%)

As the country suffers one of its worst economic crisis in history, former president and Pakistan Peoples Party (PPP) co-chairman Asif Ali Zardari said that there was a need “to think collectively and make a charter of economy”, urging that the way forward required a plan that extended beyond 5 or 10 years.

Speaking to representatives of businesses at the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) in Lahore, he said: “If you are on board with this, we are with you”.

“I need your will, thought process and energy regarding what the world of tomorrow would look like,” he said, urging participants to meet and formulate a 50-year plan for Pakistan.

“We (lawmakers) cannot think beyond 5 or 10 years. I am asking to formulate a 50-year plan for the country,” he said.

The aim of economic planning should be the welfare of future generations instead of bailouts, Zardari said.

The upcoming generations need a better economy and Pakistan still has the capacity to prosper, the former president said.

“We need to work on the economy. I suggest that the government (first) make people rich and then tax them.”

He reiterated that the PPP has always cared for businesses. He stressed that governments will come and go but what is important is that the world remembers a leader.

“No leader gave away power without a reason but I did and by doing so, PPP made history,” he said.

He questioned how continuous leaderships of Pakistan failed to see Gwadar as a prime opportunity that could turn fortunes of the nation around.

“I saw it and inked a deal with China for its development,” he said.

He also stressed that the safest way towards economic prosperity was increase in exports.

He added that Sindh can produce 150MW of electricity from its canals alone, “instead of relying on expensive dams”.

“Just imagine how much electricity can Punjab produce,” he stated.

Speaking about the energy sector, he stated that Pakistan possesses shale gas reserves.


Comments are closed.

Parvez Jun 07, 2023 08:18pm
Charter of Economy. : I loot for five years and then you loot for five years.....but we collectively must ensure that there is always just enough for us to keep looting.
thumb_up Recommended (0)
Sameer Jun 07, 2023 09:42pm
@Parvez, thank you. But our businessmen are extremely low IQ folks...
thumb_up Recommended (0)
zh Jun 07, 2023 11:50pm
Who in the right mind takes this joker, looter and con artist seriously?
thumb_up Recommended (0)
Mujeeb Jun 08, 2023 01:57am
Charter of Economy...translation...Charter of Corruption...Godfather of Corruption via 18th amendment!
thumb_up Recommended (0)
Mujeeb Jun 08, 2023 01:58am
@Sameer, Conference of crooks!
thumb_up Recommended (0)
Rebirth Jun 08, 2023 03:59am
His 18th Amendment turned Pakistan into the US democracy, duplicating ministries in Islamabad and the provinces, bankrupting our economy. In the US democracy, each state has a Secretary of State, bicameral legislature, Supreme Court, National Guard (SSU Sindh), and some regions comprising of multiple states have their own federal reserve or central bank. With such government spending, we are close to a recession and even bankruptcy. Something that never happened in our entire history. Not after the civil war in 1971, or any of the other 3 wars that were all fought inside our borders. During the so-called war on terror, which was also another civil war, we survived a recession and bankruptcy. It was not a coincidence that Dar and Biden were both making the exact same statements at the exact same time: “We will not default”. As the USSR imposed communism in every nation they influenced, bankrupting them just as it bankrupted itself, the US has done nothing different. He is their fault.
thumb_up Recommended (0)