Prime Minister Anwar ul Haq Kakar, a relatively unknown figure in the political landscape, has issued directives to the Ministry of Planning, Development, and Special Initiatives to formulate a comprehensive five-year plan and a long-term national economic agenda. This ambitious move aims to address the country’s economic challenges and promote sustainable development.
Prime Minister Kakar has sent official correspondence to provincial governments and federal and provincial departments to seek advice and recommendations for the five-year plan. Additionally, he has directed the formation of advisory committees to engage various segments of society and ensure their confidence in the planning process. This inclusive approach intends to facilitate consensus and cooperation, particularly in the context of the China-Pakistan Economic Corridor (CPEC) and Special Economic Zones (SEZs) under the China-Pakistan Economic Council (CPEC).
Economic planning on a longer horizon is also a key focus for the new government, with the goal of achieving economic wisdom and practical results by 2035. This extended planning horizon of 10 to 15 years is envisioned to bring stability and foresight to Pakistan’s economic policies.
Despite the Election Commission of Pakistan (ECP) not yet announcing the schedule for the upcoming general elections, the redrawing of electoral constituencies has already begun. This suggests that the general elections may not be held within the next three months, as the Election Commission has set the timeframe for the constituency delimitation process. However, this does not provide a definitive timeline for the elections.
Moreover, Prime Minister Kakar’s administration has identified and aims to eliminate obstacles hindering the development of Gwadar, a significant port city in Pakistan. Gwadar plays a crucial role in CPEC, and its development is integral to Pakistan’s economic growth. Central Development Working Party (CDWP) is set to reevaluate the estimated cost of Gwadar International Airport’s construction, which has seen multiple revisions. The airport’s development is expected to receive renewed attention as it is essential for facilitating trade and connectivity in the region.
Prime Minister Anwar ul Haq Kakar’s call for a comprehensive five-year plan, a long-term economic agenda, and inclusive decision-making processes underscores the government’s commitment to addressing Pakistan’s economic challenges. As the country navigates the complex landscape of politics and development, these initiatives aim to provide a clear roadmap for the nation’s economic future and promote sustainable growth.
