PAKISTAN’S recent decision to set a four per cent economic growth target for the fiscal year 2026-27 reflects optimism about the country’s economic recovery. Government officials have highlighted improvements in the domains of industry, agriculture, services and employment generation. While these developments are encouraging, it is important to ensure that economic growth translates into tangible benefits for ordinary citizens.
Despite signs of stabilisation, inflation remains a serious concern. Recent reports indicate that inflation has risen signi-ficantly in recent months, increasing the cost of essential goods and services. Many households continue to struggle with rising food, electricity, transport and healthcare expenses. The measure of true success lies in improving the living standards of the people.
The government should, therefore, focus not only on achieving growth targets, but also on creating quality jobs, supporting small businesses, expanding vocational training opportunities and strengthening social protection programmes. Greater efforts are also needed to broaden the tax base fairly and improve public service delivery. Such measures can help ensure that economic gains are shared across society rather than merely benefitting a limited segment.
Economic recovery is a positive step, but sustainable progress requires inclusive growth. Policymakers must prioritise the welfare of citizens so that economic success is reflected in the daily lives of the people.
Fahad Malik
Lahore
Published in Dawn, July 29th, 2026
