Dr Saeed Ahmad Ali:-

Through industrial diversification, the long-term economic development of any country is dependent upon its productive material capabilities and the types of products which it produces for exports.

Even, South-East Asian countries are now gradually moving up the industrial ladder and have developed capabilities for production of more complex and sophisticated products, which are much in demand in the global markets.

John Henry Stein, World Bank (WB) Director for South Asia Sustainable Development, says in his article that the importance of Pakistan’s jolting manufacturing industry to increasing its share of gross domestic product (GDP) has been recognised by the incumbent Pakistan Tehreek-e-Insaf (PTI) government through its practical measures.

• John Henry Stein, World Bank (WB) Director for South Asia Sustainable Development, says in his article that the importance of Pakistan’s jolting manufacturing industry to increasing its share of gross domestic product (GDP) has been recognised by the incumbent Pakistan Tehreek-e-Insaf (PTI) government through its practical measures.
• To increase the chances of the GDP growth success, appropriate actions would be needed to come from both actors in the government: the private sector, and civil society, Stein suggests. Pakistan’s new political administration has already mentioned the importance it gives to the sustained inclusive growth, he says.