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By Shaukat Aziz
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When I returned home to serve our beloved country as finance minister, I brought with me thirty years of observation and study from some of the fastest growing regions of the world, regions as diverse and far removed as the formerly communist Eastern Europe, the Far East, the Middle East and Latin America. Despite their great diversity they had one thing in common: they suffered from varying degrees of deprivation and different kinds of backwardness despite their immense potential. Some had very poor populations; others had wealth imbalances between people and regions; still others whose human resource development was lacking despite great wealth. And I saw how so many pulled themselves out of the mire of backwardness and reached the doorstep of the Twenty-First Century. As I saw, so did I learn, because, not least, I also had the opportunity of participating in the development of some of those countries as a senior banker. It was a unique experience indeed. I saw an economic miracle unfold before my eyes as country after country transformed itself from relative backwardness to positions of great affluence and development, literally in a single life span.
Why canÕt we develop like that too, I often asked myself? Why canÕt we, with our far greater human and natural resources, become a force to be reckoned with economically and not just geo-strategically? We have the potentialÐ-much more than most others. What we lacked was a clear vision in which everyone has a stake and which we all own collectively. It is this vision that leads to modern and contemporary policies with continuity and consistency.
Making history is in our genes. We made an unmatched history when, led by the Quaid-e-Azam Mohammad Ali Jinnah the Muslims of India struggled for and won Pakistan against unimaginable odds. They succeeded because they were fired by unity of purpose, faith in Allah and in themselves and enormous discipline. They won not only freedom, they made a new country. Thus it has always been my conviction that with AllahÕs blessings and the implementation of sagacious policies, Pakistan too can perform such a miracle and many more during our lifetimes. We too can witness the emergence of Pakistan as a highly developed, prosperous and modern Islamic state.
Since returning home five years ago, I have witnessed firsthand the great ability of our people to face hardship with great dignity and patience, what tremendous resilience they have, what a hardworking and God fearing people we all are. Given the right environment we have the character to achieve any goal, climb any mountain. Our moment has come. I am determined that we will not lose this moment.
Why am I so convinced that we will reach our goal of a prosperity that is shared equitably by all? Because after a long time and much sacrifice we have reached the stage where we can achieve fairly high rates of economic growth and look forward to doubling our national output every decade. A per capita GDP target of $1,500 by the year 2015 is well within our sights. This will translate into higher incomes and a much better quality of life for the vast majority of our people. This is our major long-term goal and will require our GDP to grow by around 7 to 8% every year on a sustainable and consistent basis.
I am mindful of the fact that achieving this kind of growth will be challenging, but it is eminently attainable. To do this we will need to excel in and achieve mastery over the entire value chain in our traditional fortes, like the textile industry, for instance, and agricultureÐ-especially agriculture. At the same time we will need to graduate into higher value added and fast growing sectors like construction, energy, engineering, electronics, information technology and bio-technology.
It is the God-given right of the people to expect the State to endow them with the ability to acquire the best knowledge, have access to healthcare and to justice. All this requires major and continuous investment in human beings. Our people have to be equipped with the technical and managerial skills to enable them to participate fully in the world economy.
In order to have a population with a modern and contemporary education, we must learn English. This in no way militates against our national language or any of our mother tongues. Language is but a tool of learning which equips people to acquire the most up-to-date knowledge as fast as possible. It does not replace or alter oneÕs identity. Do you think that people like me got so far in the world simply because we are very intelligent?
A healthy nation is a productive nation. This has become a truism precisely because it is true. Thus it is my goal to launch programmes that lead to primary healthcare for all within the next ten years. In the same timeframe, and as part of our overall health strategy, we will initiate programmes that provide safe drinking water for everyone in rural and urban areas alike.
To improve the quality of life of the people, I am determined to improve the quality of public service delivery to the people at their doorsteps. In this respect, amongst other services like education, health, water and sanitation, a fair and affordable justice system at the grassroots level that provides justice to the poorest and least empowered in a reasonable period of time will be provided. This is an imperative.
Our human development strategies, our initiatives in the industrial, agricultural, services and natural resource sectors will be designed to make Pakistan a regional economic powerhouse that is recognized as an economic lynchpin of the region. Our goal is to become the trade and manufacturing hub that connects North Asia, Central Asia, West Asia, the Middle East and South Asia.
Now let me get down to brass tacks. Years of neglect have deprived our agriculture of new ideas, processes and products. We will reverse this. We will bring the results of world class research to our farmer so that we can leapfrog productivity gaps prevalent in Pakistan.
In manufacturing we will provide a hassle-free environment to our industrialists. We plan to develop modern production and export enclaves. Industrial estates will be developed that will have all the requisite infrastructure and modern facilities. We will support manufacturing clusters by programmes that upgrade their technological capabilities, improve their connections with the international markets and provide state-of-the-art training to their workforce. We will rationalise and reduce the number of taxes, create a tax system that promotes employment-creating manufacturing, improve labour laws and deregulate arcane regulations.
As the economy grows there will be tremendous opportunities in the energy sector. We plan to boost domestic exploration and development of oil and gas resources and bring in oil and gas pipelines from Central and West Asia. The power sector will witness a major expansion. We intend to be the most energy-efficient and energy-sufficient manufacturing economy in the region.
But success will elude us if we donÕt maintain a high level of political stability, with both the government and the opposition ensuring the viability of the system and working towards making Pakistan truly democratic, which means, first and foremost, continuously and consistently improving the human condition. We have to avoid political point scoring and develop a working and stable consensus between the opposition and the government. All countries that have developed had sound and stable political processes.
Our external relations should so develop that the international environment becomes conducive to our development efforts. Regional peace and cooperation have to be promoted and access to global and regional markets enhanced. We have to ensure an investment-friendly climate that promotes both domestic and foreign investment in our economy. This would require us as a nation to protect our internal security environment from deterioration and join the government in challenging and eliminating all forms of violence in our society. We have to create an image that is not threatening to Pakistanis and foreigners alike, be they visitors or investors. Terrorism of all types and dimensions will be rooted out, but while doing so we must remain cognizant of the causes that lead to this horrific effect so that this monster does not raise its ugly head again in our sacred land.
Pakistan is a moderate country. President Pervez MusharrafÕs initiative of Enlightened Moderation is the way to proceed for the Muslim world at large and the rest of the world too. The Organisation of Islamic Conference and the Muslim ummah need to do a lot more and Pakistan has its role to play here. If Pakistan projects an image of a modern, vibrant Islamic state, it will help improve the image of Muslim ummah too.
Our foreign policy is driven by national interests. The way to expand relationships with other countries is to create mutual dependencies. Our priority will be to have closer relations with the Muslim world while pursuing a path of peace and diplomacy that ensures the recognition of the rights and aspirations of the people of Jammu and Kashmir. China is our strategic ally, as always.
Our vision is to be a vibrant, modern Islamic state where the people have a myriad of opportunities. Never imagine that the heavens will open and riches will start falling out of the sky. God does not help a people that do not help themselves.
The writer is prime minister of Pakistan