Inconsistency of economic policy in Pakistan- causes and effects

Outline

1. Introduction
2. Define Economic Policy of Pakistan

CAUSE – EFFECT- REMEDIES

3. Causes of inconsistency in Pakistan’s economic policy.

 Lack of uniformity in government.
 Conflict in federal and provincial government. (E.g: Pakistan Steel Mill)
 Influence of external factors. (E.g: IMF bailout packages, bilateral relations)
 Taxation crises lead to inconsistency.
 Undemocratic decision making.
 Prioritization of security threats. (E.g: Nuclear and KSE.)

4. Consequences of inconsistency.
 Uncertainty leads to Flight of capital.
 Trust deficit between people and government.
 Mistrust of FDI.
 Limited socio-economic growth.
 Suffering of agriculture sector.
5. Approaches to improve Pakistan economic growth.
 Fostering a more robust private sector.
 Building State capacity.
 Regional trade and tourism.
 Technological advancement (e.g: E-Governance, citizen portal).
 Promoting domestic production. (e.g: Import and exports)
 Streamlining of taxation system.

6. Conclusion.