Pakistan at a Crossroads: New Economic Strategy Needed to Unlock Potential Through Trade, Investment and Reform

Pakistan has missed economic opportunities but still holds promise due to its young population and strategic location. A new growth strategy is needed.

The PML-N's traditional strategy of infrastructure spending, strong currency, and consumption won't work anymore due to financial constraints.

The new strategy should address privatization, foreign investment, phasing out subsidies, breaking domestic cartels, and free trade.

Examples like Chile, Malaysia, and Vietnam provide models for successful privatization, foreign investment, subsidy reforms, dismantling cartels, and embracing free trade.

Trade with India presents major opportunities for economic growth due to the large consumer market and advanced technologies. Pakistan must seize this moment and unlock its potential.