Islamabad - Prime Minister Imran Khan has approved far reaching reforms in the decades-old planning system for development projects and directed authorities to complete framework for development planning at the earliest and ensure its implementation on priority basis.
Prime Minister Imran Khan on Wednesday reviewed complete revamping of the development plan made by the Ministry of Planning and gave go ahead for its implementation and said it should be enforced after completion of formalities and procedures.
The Ministry of Planning on the directives of the Prime Minister has made planning for a five-year development plan with new vision and strategy.
Following the reforms, special attention would be given to the development of industrial and export sectors, employment opportunities and increasing the per capita income.
It was told that while introducing the reforms, Pakistan would not only consider the viewpoint of the international experts but also the changing scenario of the international market. The reformation process would be focused on turning the Pakistan’s course from import-oriented development to the export-oriented development.
The meeting was told that development planning would also feature the short and long-term targets which would also be reviewed in the future considering the global and local conditions. The meeting was told that as part of the planning process, all of the ministries would ensure their mutual collaboration to define the country’s course of comprehensive development.
It was told that the process also included the incentives and facilitations for the best performing production units to further build their capacity. Moreover, the investors would also be encouraged to establish new industries in the information technology, automobile, and tourism sectors. The participants were also apprised of the shortcomings of the existing planning framework and impediments caused by neglecting the modern day needs.
The prime minister directed for early completion and execution of the planning framework.
Federal ministers Shaukat Fayaz Tarin, Asad Umar, Hammad Azhar, Makhdoom Khusro Bakhtiar, Fakhar Imam, Commerce Advisor Abdur Razzak Dawood, SAPM on CPEC Khalid Mansoor and relevant senior officers attended the meeting.
Prime MInister Imran Khan regretted that previous governments neglected national interests whilst framing development planning.
The Prime Minister said it is the first time that the country is introducing an export development based strategy.
The Prime Minister pointed out that capable human resource, tourism and overseas Pakistanis’ investors are very important for the development of the country.
The Prime Minister said the government is taking steps for the development of industries to provide job opportunities and bolster exports.
He said our foreign missions abroad are further being made functional so that they could play their role for enhancing the country’s exports.
The Ministry of Planning and Development, on the occasion, gave a detailed briefing to the Prime Minister about the reforms being introduced in the procedure of development planning.
It was informed that the reforms focused on giving prominence to the development of the export and industrial sector, provision of jobs and increase in per capita income.
The meeting was informed that new sectors in the export industry including information technology, automobile and tourism will be encouraged.
It was further informed that the direction of the country will be shifted from import to export-oriented development.
The meeting was informed that both long and short term targets will be determined during the planning phase and these will also be reviewed and amended annually keeping in view the situation at the domestic and international level.
It was also informed that coordination amongst the ministries will be ensured during the planning phase.
Prime Minister Imran Khan on Wednesday reviewed complete revamping of the development plan made by the Ministry of Planning and gave go ahead for its implementation and said it should be enforced after completion of formalities and procedures.
The Ministry of Planning on the directives of the Prime Minister has made planning for a five-year development plan with new vision and strategy.
Following the reforms, special attention would be given to the development of industrial and export sectors, employment opportunities and increasing the per capita income.
It was told that while introducing the reforms, Pakistan would not only consider the viewpoint of the international experts but also the changing scenario of the international market. The reformation process would be focused on turning the Pakistan’s course from import-oriented development to the export-oriented development.
The meeting was told that development planning would also feature the short and long-term targets which would also be reviewed in the future considering the global and local conditions. The meeting was told that as part of the planning process, all of the ministries would ensure their mutual collaboration to define the country’s course of comprehensive development.
It was told that the process also included the incentives and facilitations for the best performing production units to further build their capacity. Moreover, the investors would also be encouraged to establish new industries in the information technology, automobile, and tourism sectors. The participants were also apprised of the shortcomings of the existing planning framework and impediments caused by neglecting the modern day needs.
The prime minister directed for early completion and execution of the planning framework.
Federal ministers Shaukat Fayaz Tarin, Asad Umar, Hammad Azhar, Makhdoom Khusro Bakhtiar, Fakhar Imam, Commerce Advisor Abdur Razzak Dawood, SAPM on CPEC Khalid Mansoor and relevant senior officers attended the meeting.
Prime MInister Imran Khan regretted that previous governments neglected national interests whilst framing development planning.
The Prime Minister said it is the first time that the country is introducing an export development based strategy.
The Prime Minister pointed out that capable human resource, tourism and overseas Pakistanis’ investors are very important for the development of the country.
The Prime Minister said the government is taking steps for the development of industries to provide job opportunities and bolster exports.
He said our foreign missions abroad are further being made functional so that they could play their role for enhancing the country’s exports.
The Ministry of Planning and Development, on the occasion, gave a detailed briefing to the Prime Minister about the reforms being introduced in the procedure of development planning.
It was informed that the reforms focused on giving prominence to the development of the export and industrial sector, provision of jobs and increase in per capita income.
The meeting was informed that new sectors in the export industry including information technology, automobile and tourism will be encouraged.
It was further informed that the direction of the country will be shifted from import to export-oriented development.
The meeting was informed that both long and short term targets will be determined during the planning phase and these will also be reviewed and amended annually keeping in view the situation at the domestic and international level.
It was also informed that coordination amongst the ministries will be ensured during the planning phase.