ON the face of it at least, the new short- to long-term plan announced by Finance Minister Shaukat Tarin for the development of 14 key sectors of the economy including agriculture, construction, tourism, IT and micro and small enterprises for putting the country back on the road to inclusive and sustainable economic growth lacks what it boasts: a planning-based strategy.

From the details published in newspapers, the plan seems to be a collection of certain targets that the government wants to achieve in the next two to three years ahead of the next general elections. How? Although Mr Tarin claimed that the achievement of these targets would ‘set the stage for long-term inclusive, sustainable growth and rid us of the boom-and-bust cycles’, he did not elaborate on the road map he has developed for realising the goal.

Read: Rising current account deficit, imports pose threat to economy

For starters, the strategy seeks to boost…

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