12th Year Five Plan to set pace for knowledge based economy: Makhdum Khusro Bakhtyar

Dated : 13 December 2018

Federal Minister for Planning, Development and Reform Makhdum Khusro Bakhtyar has stressed that the 12th Five Year Plan should set pace for an emerging and prosperous Pakistan through a knowledge based economy and a clear roadmap of future initiatives.

The Minister said this while chairing a meeting to review 12th Five Year Plan here at Islamabad on Thursday. Secretary Planning Zafar Hasan, senior officials and members of the Planning Commission were also present in the meeting.

The Minister directed that the upcoming five year plan should focus on modernizing agriculture, health, education, basic and higher infrastructure, set tangible goals for uplifting social sector, poverty alleviation, services sector, increase exports and trade. The Minister said that an effective strategy should be devised for achieving sustainable growth and economic stability. He said that economic experts in the public and private sector need to brainstorm on how the country would grab maximum advantages from the PSDP projects to boost up industrial sector and bring technological advancements in the country.

During the meeting, the minister was given detailed briefing on the preparations and strategy for forthcoming 12th five year plan.