Overview
As the first published manuscript of EFP Economic Council, the Economic Vision 2030, attempts to vividly paint the dream of an industrialized Pakistan that thrives on the backbone of technological advancement, rapid development of M/SMEs and a competitive and fully-capable business climate accommodable for Greenfield ventures.
The vision document takes the reader back to the golden era of the Mughal Dynasty when Hindustan was a pristine location for trade and investment. The great many economic and administrative measures had allowed its economy to expand up to one-fourth of China’s annual tax collections twice that of Europe. However, later when the industrial revolution came about and the mighty British started building vast networks of rail and road, the subcontinent could benefit only very little in terms of social development and instead had most of its wealth discreetly looted out of the country through the new channels of trade created. In the aftermath, the GDP fell to 1 percent, and India was transformed from an exporter of processed goods to an agrarian-backed source of raw materials for the world; mired by inefficient import substitution and protectionist policies, which further pushed down poverty..
The Board of the EFP Economic Council is fully prepared to face the warring economic challenges and to support the government and its diplomatic missions and statesmen by lobbying at both national and international fronts to further the cause of a prosperous, transparent, and industrialized Pakistan.
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