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Prime Minister Imran Khan on Saturday constituted an 18-member Economic Advisory Council (EAC).
Out of these 18 members 7 belong to government while 11 are from the private sector.
The list of members is as following:
Private sector members
- Dr Farrukh lqbal, Dean & Director, Institute of Business Administration (IBA).
- Dr Ashfaque Hassan Khan, Principal and Dean, School of Social Sciences & Humanities, National University of Sciences & Technology (NUST).
- Dr ljaz Nabi, Professor of Economics, Lahore University of Management Sciences.
- Dr Abid Qaiyum Suleri, Executive Director, Sustainable Member Development Policy Institute (SDPI).
- Dr Asad Zaman, Vice Chancellor of the Pakistan Institute Member of Development Economics.
- Dr Naved Hamid, Professor of Economics at the Lahore Member School of Economics.
- Syed Salim Raza, Former Governor of State Bank of Pakistan.
- Mr Sakib Sherani, Economist.
- Dr Atif R.Mian, Princeton University (Department of Economics and Woodrow Wilson School of Public Policy).
- Dr Asim ljaz Khawaja, Sumitomo — FASID Professor of International Finance and Development at the Harvard Kennedy School.
- Dr lmran Rasul, Professor of Economics, Department of Economics, University College, London.
Official members
1) Minister for Finance, Revenue & Economic Affairs Asad Umer
2) Minister for Planning Development and Reforms Division Khusro Bakhtiar
3) Secretary of the Finance Division Arif Ahmed Khan (Secretary EAC)
4) Governor of the State Bank of Pakistan Tariq Bajwa
5) Adviser on Institutional Reforms Dr Ishrat Hussain
6) Adviser on Commerce Abdul Razaq Dawood
7) Deputy Chairman of the Planning Commission
Read more
On DawnNews
Comments (148) Closed
Sep 01, 2018 05:13pm
Great initiative!
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Sep 01, 2018 05:26pm
Can hope for the best, however, it is great to see that first time the proper economists from educational institutions are engaged.
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Sep 01, 2018 05:29pm
Exactly what we needed Khan!
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Sep 01, 2018 05:30pm
Good step in the right direction.
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Sep 01, 2018 05:33pm
Nawaz Sharif was his own economic advisory committee. So was Cristina Fernández de Kirchner in Argentina, and so is Recep Tiyyap Erdogan. Imran is one the right track. When you have heart failure symptoms you consult a top cardiologist. When the country is on the brink of financial failure you consult a top economist.
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Sep 01, 2018 05:33pm
Most of the members of advisory committee are either head of Universities or are prof there. i have the positive vibe about the future of Pakistan economy at least. Good luck!
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Sep 01, 2018 05:36pm
Zabardast.
Wish u good luck.
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Sep 01, 2018 05:39pm
Some very competant people have been included. Hope the efforts bear the fruit.
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Sep 01, 2018 05:45pm
Welcome to all of the team members. And Atif Mian. Any help is good help no matter if Mullahs disprove him.
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Sep 01, 2018 05:46pm
Excellent. A real change becoming visible by the day.
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Sep 01, 2018 05:49pm
Glad to see Atif Miah in the panel
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Sep 01, 2018 05:51pm
A good move. Economic Advisory Committee’s Terms of Reference must be shared with Nation at an appropriate time.
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Sep 01, 2018 05:55pm
All these eminent people are experts in their own right and fields with decades each of experiences. However combining so many people in one committee makes little sense as no two people think a like and more so in case of such intellectuals and luminaries. Who will supervise them all, moderate among them and channelize their expertise with varying degree of economic backgrounds into formulating economic policy cum roadmap. A common objective should be set alongwith proper terms of reference for this committe else it will end up like NATO - No Action Talk Only !!
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Sep 01, 2018 06:00pm
Some bright minds in the list
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Sep 01, 2018 06:03pm
Good step
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Sep 01, 2018 06:05pm
Abdurazaq Dawood owner and chairman of descon engineering company.
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Sep 01, 2018 06:06pm
This is good governance, previously committees were formed of corrupt officials and yes men.
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Sep 01, 2018 06:11pm
an economic advisory committee, needs experienced business people aswell so that advice can be given as to whether or not proposed policies will actually work and influence the business community. A phd in economics or indeed in any subject will not tell you whether or not a certain policy will result in greater exports or increased manufacturing. It will also not tell you whether or not it will result in sustainable exports. Furthermore the business community can properly advise on what impediments they may be facing.
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Sep 01, 2018 06:17pm
Excellent.............this is Good !!!!
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Sep 01, 2018 06:22pm
good job Guys way to go .
I fell better please come up with one in education and one in health also
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Sep 01, 2018 06:22pm
Welcome to the club. Keep it up and hang on tough.
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Sep 01, 2018 06:27pm
Excellent move.
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Sep 01, 2018 06:31pm
Dear PM Imran Khan and Asad omer please avoid the IMF or WB loans.
Also can the Govt launch an incentive policy on foreign remittances. If some makes a money transfer in US dollars, he should an extra bonus. I remember long time ago there used to such a scheme.
The whole nation is ready to sacrifice for Pakistan. I hope PM Imran Khan's team will not let him down..
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Sep 01, 2018 06:33pm
A good step in the right direction. It shows the intent of the new government.
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Sep 01, 2018 06:39pm
The PM's focus on reviving economy, introducing austerity measures, creating confidence in investors, attention on larger issues is all commendable. However, in a Democracy the fountainhead of power which are the masses are paramount. A political PM is expected to remain alert and cognizant to even little things happening at the public level so that the leader remains in touch with his constituency. It is as important to be fully cognizant of occurrences like that in Pakpatttan, or an MPA beating up a citizen, or a Minister pushing away a woman. A leader can only do big things if he is in touch with the people.
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Sep 01, 2018 06:40pm
Remarkable!
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Sep 01, 2018 06:41pm
Something real bad happen to Pakistan economy. People of Pakistan is not realising. What other governmenrhaa done, soon we will die like somalia people.
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Sep 01, 2018 06:55pm
More than happy today that in line with my feedback PM Imran Khan has formed Advisory Committee to tackle economic crisis. Just counting on finger, the main issues are ,(1) Circular Debt (2) Trade Deficit (3) Unproportional Expenditure(4)VIP Culture on Tax Payer Money (5)Over Staffed in PIAC & PSM (6)Foreign Tours (7) Huge Expenditures on Embassies & Consulates. (8) Eighteenth Amendment must be revisited, the Provinces be asked to control expenditures & corruptions, while raise their revenues through better recovery of taxes, and adopt austerity in their works.(9) A huge expenditures occurred in maintaining law & order, that can be curtailed down by appointing “Street Directors” a civic system where Street Directors work voluntarily for safety and civic amenities of their street where they live, this system already in place in western societies.(10) And last but not least to find political solutions to all irks on borders, & better relations with all neighbors, will save much money.
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Sep 01, 2018 06:56pm
Impressive list of experts. Now follow their advice
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Sep 01, 2018 06:59pm
A very positive step.
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Sep 01, 2018 07:06pm
Another waste of time and resources. Follow MBS model of Saudi Arabia and get the looted US$350 billion back to Pakistan. Problem solved. Do it not, and we will just find ourself once again running around in circles just as we are for past many decades.
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Sep 01, 2018 07:07pm
Wow! they all look credible people.
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Sep 01, 2018 07:08pm
A very nice move by PM let us pray for his success.No more room for cronies in running the serious affairs of Govt.
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Sep 01, 2018 07:10pm
Good initiative, best of luck EAC.
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Sep 01, 2018 07:12pm
18 sounds too many but these are hughly qualified people so I have no complaints. Good work my Captain - I love you :)
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Sep 01, 2018 07:13pm
Although it is an Advisory Council yet it should have clearly defined rules of business. It’s recommendations should be given serious consideration. There should be a proper forum where it’s recommendations should be placed for decision. The forum should be at the level of the cabinet.
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Sep 01, 2018 07:19pm
Wow the committee looks impressive with mix of talents. I hope they will be able to deliver. Good luck.
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Sep 01, 2018 07:20pm
Nadra Failed To Perform as Set By Cinstitution
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Sep 01, 2018 07:23pm
Appears to be very talented people for the job. Good luck IK.
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Sep 01, 2018 07:27pm
Looks like a good team.
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Sep 01, 2018 07:34pm
Excellent move PM Imran Khan. The Council should meet every two weeks for the first six months to handle the current economic crises. Emphasis should be 1) Tax Compliance for the population. 2) Continuation of Infrastructure projects. 3) Education of Children. 4) Minimization of Borrowing Money. 5) Recovery of plundered money.
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Sep 01, 2018 07:37pm
Good step to strengthen the economy.
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Sep 01, 2018 07:44pm
Good practical move to resolve our economic adversities.
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Sep 01, 2018 07:50pm
They are almost all professors from private sector. Not good. Should have been from more backgrounds too. Questions is how many economically sound people these professors have made.
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Sep 01, 2018 07:53pm
Getting the team ready for IMF bailout package negotiations. After reading all these impressive names nobody should complain that Pakistan did not send right people for negotiations with IMF. Good luck.
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Sep 01, 2018 07:56pm
Including private sectors in advisory council is a very good decision by PM.
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Sep 01, 2018 07:59pm
Seems Very Good initiative... Hopefully, they will bring some sustainable development program for the uplift of the poor state of the economy of our motherland
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Sep 01, 2018 08:06pm
Great initiative. All capable and learned people. Give the council a freehand to make an economic policy and then implement it. I'm confident that will get the country on the right track.
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Sep 01, 2018 08:07pm
Keep up the tempo people's prime minister.
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Sep 01, 2018 08:09pm
I know dozens of people including myself who voted for IK bcz we are tired of NS & Z. PTI is a hope. So we hope and pray that tangible changes could be evident in near future.
People have lost the patience. Failure isn’t an option.
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Sep 01, 2018 08:09pm
Tariq Bajwa needs to be fired and charged by NAB
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Sep 01, 2018 08:11pm
Salam Sir:
Very well devised Team. I wish all the best to the Team.
Sir one point only - I feel the Team should have some representation from financial reporting perspective e.g. Chartered Accountant. I do admit I may be biased as I am a USA and Canada licensed CPA. But in my view, CPAs have some actual business experience as well. For now the Team is more from theoretical perspective. If need be, I will be happy to just become a Friend of the Team, and NOT a member as I am out of Pakistan.
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Sep 01, 2018 08:12pm
talented team, however women should have been inculded too
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Sep 01, 2018 08:15pm
@Rizwan - good comments and viable suggestions. My experience tells even we have too many experienced experts project will work out okay.
Hopefully, these people have respect for each other.
Past few governments have ripped our citizens of moral and civic qualities and it is going to take a little time to restore them.
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Sep 01, 2018 08:19pm
@Rizwan "no two people think alike" :... Exactly? But what is the solution then?
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Sep 01, 2018 08:23pm
@Dilip Thorat agreed - you need to have people with hands on experience and not just the theory!
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Sep 01, 2018 08:25pm
@ijaz Florida To me the first point is - how our under privileged nationals get some relief! That is what going to make the current Team most popular!
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Sep 01, 2018 08:32pm
A great initiative. Hope all these members are approachable and also keep their own contacts with the people who can give them additional information and ideas.
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Sep 01, 2018 08:34pm
All those private members of this advisory board are teaching economics in top universities of Pakistan wow welldone Imran khan
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Sep 01, 2018 08:39pm
Praying for Divine mercy!
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Sep 01, 2018 08:45pm
Hope good measure would be taken all big fish would be under observation all Mony landring be ctch up and economy will gate on Right direction if circular debit be controlled on any cost
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Sep 01, 2018 08:48pm
@Magnanimous approach Excellent statement of main issues. Hit the nail on its head. If I may add:
. Creation of environment that gives security and confidence to foreign investors
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Sep 01, 2018 08:51pm
Lets trust on imran khan
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Sep 01, 2018 08:51pm
a lot of excellent experts in this council!
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Sep 01, 2018 09:02pm
If our problems are solved by professionals then let the IMF and world Bank run the country because they have the best professionals on our planet.
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Sep 01, 2018 09:03pm
Good to see that professionals are being included in decision making.
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Sep 01, 2018 09:09pm
Do these guys have economics background, and any practical experience, or just paper tigers.
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Sep 01, 2018 09:11pm
Committee should include some top successful
business leaders of PAKISTAN ,on criteria of highest number of
employment provider, highest turnover business group.
highest exporter, tax payer .Those people can advise
practical thing.
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Sep 01, 2018 09:13pm
Excellent body of bodies of advisors with stirling credentials! Not even in a million years, would uncouth NS would have reached out to intelltectuals lest they challenge his incompetence.
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Sep 01, 2018 09:16pm
Very good that economic issues dealt by professionals. But be weary that too many cooks spoil the broth. Conflicting opinions, harder to make decisions
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Sep 01, 2018 09:18pm
@shahban Shoukat First the kitty, then the spend
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Sep 01, 2018 09:19pm
Excellent! We the people of Pakistan deserves a successful initiatives taken by the Prime Minister of Naya Pakistan Mr. Imran Khan’s Advisory Council for the betterment of the people of the country and the foreign investments to come back and build people of the country’s confident measures as well to invest in the country and not just rely solely on Pakistani expatriates foreign remittances.
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Sep 01, 2018 09:20pm
Hire some people from outside the country, may be even an Indian to set some policy
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Sep 01, 2018 09:23pm
Let's hope that the Money, time, effort and energy spent by this committee, through this and on this committee may not go in waste as had happened for years.
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Sep 01, 2018 09:26pm
@Magnanimous approach No pun intended, you summarized all economic woe in one short paragraph.
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Sep 01, 2018 09:33pm
The committee is too academic. Too many professors will spoil the broth.
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Sep 01, 2018 09:33pm
The pakistan really needed it long before like a educated and well planning leader. Khan saab we hope the best
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Sep 01, 2018 09:38pm
Please include NRP member Ishaq Darr. His years of experience will be very useful for the council.
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Sep 01, 2018 09:54pm
Fantastic job.
Now also form education advisory committee from primary to higher education .
Then health advisory committee as well.
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Sep 01, 2018 09:59pm
I am not an economist nor eligible to comment on the matter but during my little experience in government service at various stations and departments, I have found a hell of competent and motivated individuals who are adept enough to tackle any challenge this country faces. But stuffing of a large number incompetent and corrupt employees in every organisation and government department by last few governments, has completely paralysed the efficiency of departments. Even if someone is willing to work with dedication and honesty, he is either forced to quiet the job or left in the lurch to fend for himself.
Soliciting advice from such eminent economists would result nothing unless PM Khan fixes the civil services and get rid of incompetent employees from government service. He has to swallow a bitter pill by arranging screening of all government employees and retain only eligible enough to deserve a job, he / she is doing.
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Sep 01, 2018 10:09pm
@Irtaza M. Awan Pakistan isn't an absolute monarchy, it doesn't work like that. We wish it did, but it doesn't. Hire as many experts, bottomline is EXPORTS. And our products are too mundane/traditional, anyone can compete with us. No technical edge.
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Sep 01, 2018 10:34pm
Poor selection!!!
Deans ad Professor don't know the practical side of the business dynamics. Some are bookish and more are hawkish with little or no clue on the ground reality. Why top business managers were not considered???
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Sep 01, 2018 10:41pm
Half of the private team members were part of Ishaq Dar's council and 5 of them are related directly or indirectly to one another
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Sep 01, 2018 10:52pm
At last, someone paid attention towards our academics and experts.
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Sep 01, 2018 10:56pm
@Rizwan its a committe of experts and their tasks is to give recommendations and proposals. Probably Roadmap too. But the decision can only be made by Parliament.
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Sep 01, 2018 10:56pm
@Alba That's the irony that we have economists who look good just on their CVs but nothing productive for the country. Their policies have just drawn the country more into the IMF ditch than actually salvage what is left.
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Sep 01, 2018 11:00pm
Great going.
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Sep 01, 2018 11:13pm
I hope too many voices don’t drown out the voice of reason. I doubt most of the economists in the list are worth it but Atif Mian is one of the top economists in the world and has had research published on Pakistan in top Econ journals
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Sep 01, 2018 11:40pm
@Raheel Samad agree with you dear...!!!
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Sep 01, 2018 11:44pm
Hope this will yield a good result. We have a culture where even intellectuals don't tolerate each other. Unlike Europe where a junior can challenge his senior's decision and instead of making his juniors life a hell senior will appreciate his challenge and will try to get to the bottom of the issue to make sure if he is making the right decision for his country. in developed countries it is common juniors get promotion based on merit and their proactivity and it doesn't bother seniors because the juniors who get promotion don't brag about this and get help from their senior subordinates without any reluctance. We need a 180 degree change in our working culture to come out of current stagnancy. So hopefully all these intelactuals and government people will leave behind their egos and work together for the betterment of the nation.
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Sep 02, 2018 12:25am
@Magnanimous approach Why eighteen amendment needs to be reverted ?
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Sep 02, 2018 12:27am
Excellent. Good to see so many brilliant economists including Atfal Mian.
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Sep 02, 2018 12:28am
Bookish approach. Ground realities are always different,
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Sep 02, 2018 12:31am
In the West, R&D is mostly carried out by universities various departments for the governments!
Also, initiative/s should be promoted by the government to encouraged the public sectors in 'free thinking' to be 'innovative', in the positive sense! Necessity being the mother of invention!
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Sep 02, 2018 12:56am
@Muneeb Ali Most academics have NO CLUE how REAL economy wirks. Should get some ‘working people’ on committee
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Sep 02, 2018 01:06am
Gd gd ik
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Sep 02, 2018 01:16am
This is exactly the way to do it, create the team of the best minds and take action based on their recommendations.
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Sep 02, 2018 01:43am
Any CA/ACMA/CFA member in the above list? Too many economists and academicians. Would have been an ideal mix had there been any member from CA/ACMA/CFA background.
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Sep 02, 2018 01:57am
Academics dont make economic revival. False fantasies. No one from medium and large corporate sector. So far this is only optics
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Sep 02, 2018 02:35am
Right step in the right direction. Get the right professionals on board.
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Sep 02, 2018 02:52am
How much will each be paid, as obviously they won't be working for free?
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Sep 02, 2018 03:07am
Pure academics and professors forming economic advisory committee?! Quite surprising. I hope at least some of them have some practical experience of forming real economic policies, solving real world problems.
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Sep 02, 2018 03:21am
Excellent step!
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Sep 02, 2018 03:48am
The only way to make the right decisions in the financial sector is to bring people in who know what they are talking about, great job Mr. PM. Bringing in business gurus and economists along with government officials is a very smart move.
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Sep 02, 2018 04:50am
Good idea. All these learned people should submit their opinion and suggestions in writing and let us have opportunity to see them.
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Sep 02, 2018 05:02am
Good initiative.Hopefully the team wd delver n devote to first control expenditure by minimizing it applying cuts.And measures taken to augment income maintaining equilibrium.Export be increased reducing avoidable imports.The disparity between PKR n Dollar gone up should be gradually reduced to first below PKR 100 to dollar at expense unpopular decision The tax be increased documenting economy.All tax exemption from President to all lower formations civil / forces be withdrawn Even charity institution not delivering or hospitals not providing 100% free medical facility to common man should also be deprived of exemptions.Likewise except President n PM no one else be entitled to have spl plane or helicopter.at public expense.The big houses / bangalows be put to auction n no house bigger than one kanal allowed in any case.Austirity steps wd have to be taken at all. levels.Officers public n private sector drawing salary above 3 lacs should contribute towards Diamir Bhasha dam to complete.
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Sep 02, 2018 05:51am
Definitely a huge +ve. However, one caution would be that you probably want more than just 'theorists' in there. Some people who have actually handled actual finances would have more 'realistic' and practical experience of things.
Secondly, the entire modern economic theory is based on a flawed concepts like loans and interests. What you really need here are people who can think outside of this flawed economic model and come up with novel solutions. Someone courageous who would wow to avoid interest and sood - even if that opinion flies in the face of 'accepted economic 'wisdom'' would be my choice. Building up real wealth (that is, Gold) would be far more prudent than just focusing on efforts to improve 'economic numbers'. Terms like biggest economy, growth rate, GDP are all in the end quite a bit hollow.
The fundamentals here are debt acquired to pay the sood on prior debt. The only real course is to tighten the belt and live according to means. Increase gold to reflect real money.
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Sep 02, 2018 06:15am
Not a single person who has actual working experience of state level economics. The so called doctors are all theory experts, who still lecture the old set theorise of economics. It would have been advisable to include bankers, industry experts as well
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Sep 02, 2018 06:35am
Dr. Adil Najam should've been included in this esteemed panel!
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Sep 02, 2018 06:40am
Great job!!! All people are educated and the masters of their fields that’s exactly what we need. I really hope that overseas educated Pakistanis will contribute to the betterment of Pakistan. We need our skilled class back!
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Sep 02, 2018 06:54am
Great initiative. Let's hope ogos don't hamper progress.
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Sep 02, 2018 07:48am
Committee comprises the top qualified experts. A good omen for country’s economic path & destiny. Best of luck.
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Sep 02, 2018 07:57am
Must control excessive expenditure , and wasteful VIP culture, the MNA and MPA are elected to serve the people of the state , how can they act like VIP .They are supposed to be the Khadims of the citizens , instead they have been acting like
rulers , like the rulers of the British empire.
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Sep 02, 2018 08:05am
Some commentators here seem to think that this is something new and unique, just remember that the previous government had the Economic Advisory Council and several of the members of the current council belonged to that one as well.
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Sep 02, 2018 08:50am
Now that's what we really need.
Great initiative.
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Sep 02, 2018 08:57am
Where are the technologists...E Government experts.
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Sep 02, 2018 10:31am
Excellent choice of people on Economic Council.
Now for increasing export we will need;
(1) people like Qamar Beg
(2) not to waste time on industrial product which requires either high technology based or large capacity based industrial units . Large capacity based industries need strong domestic market to recover atleast 70% over head locally so that export prices are based on marginal cost basis . Moreover , Pakistan is not partofany trading blog so it has to negotiate trade terms .
Bottom line is Pakistan has to depend on its agriculture production for export. If we look around Pakistan is among few countries in the world who produce all season crops, all season vegetable and fruits
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Sep 02, 2018 10:40am
Some one had once said....Camel was the horse designed by the committee. Lets hope EAC come up with a running and winning horse....not with a camel.
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Sep 02, 2018 11:06am
After reading different posts, it seems that many people are innocently believing that this team will do wonders. You just can't have old faces back in again. They are used printer cartridges who have proved their mettle earlier on. So nothing new can be expected from these professors whose expertise should have been utilized in the social development sector.
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Sep 02, 2018 01:29pm
We're Economically demolished. We need some of these bear stands. Keep it up Mr Khan
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Sep 02, 2018 05:34pm
Excellent selection, congratulations to P.M. Khan for picking the wining team!
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Sep 02, 2018 07:30pm
Excellent. Wish all the best to Pakistan. This may truly bring Naya Pakistan.
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Sep 02, 2018 07:37pm
Majority of them think that they are genius. Like Dr. ishfaque Hussan Khan and Dr. Ijaz Nabi. So many geniuses and such a little problem to solve.
18 geniuses in one room. OMG - nothing will come out because they will be intimidating each other with their degrees, knowledge and back grounds. I am from John Hopkins I am from Harvard I am from LSE I am from Princeton I am from Yale. Country needs more IK and not intellectuals.
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Sep 02, 2018 09:00pm
To come out of deep financial crisis we need OUT OF BOOKS plan. All members are fully competent persons and hopes log whole nation is pinned on them. What we lack is TRUST and the only requirement for creating trust is TRUTH only Truth. Tell nation in simple words where we stand? No complicated charts. Simple: We have this much and we have to pay this much.How you plan to get rid of it.
Suggestion: Impose a ban on sale of Propety on CASH.There is a gap between first Agreement of Sale at FULL settled price between seller and purchaser. Upon executing sale/transfer of title there is another Agreement normally close to DC rates. Its here where all hanky panky takes place. If you make it compulsory to declare value at the time of purchase of First stamp paper, it will close the leakage. Example upon issuance of Stamp paper: Mr A (seller) Mr A (purchaser) for sale of property at 12 million.
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Sep 02, 2018 09:31pm
ECONOMIC ADVISORY COUNCIL; GOOD, very good indeed.
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Sep 02, 2018 09:42pm
In a country where the most pressing issues relate to women, the PM could not find a single competent woman to join this council???
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Sep 02, 2018 11:10pm
A camel is a horse put together by a committee, goes a well-known old view. However, despite a bad reputation enjoyed by committees, I would say that what we require is a drastic overhaul of the approach towards economic problems and policies to overcome them. Let's hope this government delvers in the economic realm. It is time to deliver, time for sloganeering by the PTI is over.
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Sep 02, 2018 11:23pm
Can somebody have this sent to a person close to Imran Khan, please?
His advisory council team is severely handicapped as almost everyone on this team is "IMF-educated" or hardwired, so to speak. The country direly needs out-of-the-box solutions instead of looking at the IMF or the World Bank. These donors have their own agenda and we should not complain about them when we fail to address our own issues or put our house in order. Currently, the country needs about 800 billion rupees to overcome its current fiscal deficit. That means roughly over more than four billion dollars are required. This is a starting point where we can put a stop to our growing fiscal deficit. We have to learn from India and Turkey to start with.
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Sep 02, 2018 11:31pm
First India: Recently, Samsung opened its largest manufacturing facility in the world in Noida, India. Just imagine the resulting effect the economy and on auxiliary benefits the investment would bring in with technology transfer and so forth. India requires all major corporations interested in FDIs to meet 1,000 jobs creation per one billion dollar of investment. Coming to Turkey: When its currency went down from a few cents to a unit, the alarm bells started sounding so loud. Qatar announced a 15-billion dollars help in the form of investment. Can't Pakistan leverage its relationship with Qatar, the biggest investor in LPG sector in Pakistan to help it ride over its fiscal deficit by investing another four billion dollars? Can't we just wean off the IMF and look for alternatives by inviting countries and companies to invest, giving us dollars needed? Even Malaysia is playing out to get its 2.5 billion debt written off by cancelling belt-n-road contracts with China!
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Sep 03, 2018 03:37am
Great job Mr PM, you don't call a plumber to get your electricity issues fixed, why have the previous governments allowed only the government officials to run the financial sectors is beyond me.
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Sep 03, 2018 04:30am
A wish decision for Jinnah Pakistan let us hope this 18 members commity
EAC advise PM in the best intrest of country & put Pakistan ecnomicaly on right track.
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Sep 03, 2018 07:16am
Imran Khan appears to think that only men are capable of providing economic advice. Strange...they don’t exactly have a good track record!
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Sep 03, 2018 01:21pm
@Zak Yes but CPEC was decided by very few "cooks" still it is failing why ?
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Sep 03, 2018 02:34pm
great intiative, great to see 10 PHD doctors making economic policy
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Sep 03, 2018 03:02pm
The PhDs will be disappointed by IK EAC!
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Sep 03, 2018 03:16pm
Excellent way to build confidence Long live Imran Khan Same way to create a council build education in Government institutions and get rid off high fees of private school system This is welfare state
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Sep 03, 2018 03:24pm
Good to see Mr Abid Suleri in the list
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Sep 03, 2018 03:46pm
Great initiative the points that needs to be considered.
First, there are great number of eminent economists in the team hope and pray this does not turn out to be the case of too many cooks spoiling the broth. As the academics are laced with enormous egos.
Second they do come with practical solutions rather than theories destined for textbooks and scholarly discussions.
Still,great initiative, hope and pray something good comes out of it for this nation.
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Sep 03, 2018 08:51pm
Good to see the advisory council but strangly the list does not include any woman though we have best women economists around. Hoping for a revised inclusive version of the list
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Sep 03, 2018 08:51pm
Good to see the advisory council but strangly the list does not include any woman though we have best women economists around. Hoping for a revised inclusive version of the list
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Sep 03, 2018 11:55pm
@sahar No quota system please. Only merit!!! If a women qualifies on merit then definitely she should be included. We want the best brains to solve Pakistan's economic problems.
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Sep 03, 2018 11:58pm
@Raheel Samad These are the best brains in Economics. Let them propose solutions. Then the working committees can include business people in their team for implementation. Right now, I am very happy with the present team.
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Sep 04, 2018 12:00am
@Dilip Thorat Apparently you do not understand the nature of the economic crisis in Pakistan. This is a great team to propose of how to get out of this mess.
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Sep 04, 2018 12:01am
@Zamir Ali Kiani Why? What does the constitution have to do with an advisory committee?
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Sep 04, 2018 12:04am
@kaspar This is not a committee. It is a advisory council!! Big difference!
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Sep 04, 2018 04:25am
There will be ups and downs, stay the course, nevertheless. Congratulations Imran Khan.
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Sep 04, 2018 05:54pm
Should include women and layman in the team. High power economics models alone would not solve the problems of crippling economy. Commonsense and honest approaches might prevail.
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Sep 09, 2018 02:27am
Imran khan will save pakistan ameen
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