The two key economic challenges

Business Recorder op-ed writer Farhat Ali in his yesterday’s op-ed for the newspaper has highlighted the two major challenges to the country’s economy; these need to be overcome without any further loss of time.

According to him, “the critical and most challenging issues that remain to be addressed are the outstanding reforms in the power sector and loss-making Public Sector Enterprises (PSEs). Both have been on the agenda of the IMF since the last one decade where both PPP and PML-N governments failed to deliver”.

It is quite unfortunate that the incumbent government’s approach to PSEs and power sector is hardly different from its predecessors’. Prime Minister Imran Khan’s economic team is required to firm up a strategy aimed at effectively dealing with these two challenges that continue to undermine country’s economic prospects.

Karachi Bushra Sarfraz Khan