Business
May 25, 2021
KARACHI: Pakistan can achieve higher gross domestic growth in the coming fiscal years if it focuses on diversifying exports and increasing investments, central bankâs Governor Dr Reza Baqir said on Monday.
âEfforts need to be made to grow Pakistanâs GDP in the next 5 years and we have all the capabilities to achieve this target. We have been able to increase our gross and net reserves. We need to diversify our export base as other nations have done,â Baqir said at the virtual CFO Conference 2021, organised by ICAP.
He said that the challenges for the developing countries in the new normal were unprecedented, causing economic, social and sustainable development concerns. The pandemic has pressed the reboot button of economies globally with long lasting impacts including lower investment, erosion of human capital to lower productivity, limited income growth and structural transformation in countries across the world, he added.
‘Higher proportion of resources must be allocated for child rights’
National
May 25, 2021
Islamabad: Society for the Protection of the Rights of the Child (SPARC) with the support of Save the Children Pakistan organized a High level Consultation on Increased Budgetary Allocation and Expenditures on Children on Monday.
Child Rights activists demanded the Federal and Provincial governments to increase resource allocations to improve the status of child rights in Pakistan Riaz Ahmed Fatyana, chairman, Standing Committee on Law & Justice, National Assembly of Pakistan said that special measures are required to safeguard the rights of vulnerable children. There is a need to increase overall spending on child rights especially the percentage of developmental budgets in education, child health and nutrition, and child protection.