‘Economic reforms key to sustainable growth’

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ISLAMABAD – Bringing about economic reforms to overhaul the existing system is the way forward to ensure sustainable economic growth in the country, the economic managers believe.
There is need to bring about changes at many levels if the country has to grow on sustainable grounds, they said. They added that the first step towards this direction could be the change in mindset for accepting innovations and giving up illogical reasoning for accepting or rejecting ideas.
The Federal Minister for Finance Dr Abdul Hafeez Shaikh has been promoting the idea for enhancing reliance on the private sector, function of which has produced good results. “The private sector functioning has produced good results,” the federal minister said, adding that reliance on private and business sectors should be adopted as growth strategy to ensure sustainable economic growth in the country.