Gilani says govt will ensure best environment to investors for value addition, diversified economy – Dunya News

Report on Pakistan’s Economic Strategy and Alignment with Sustainable Development Goals

Fostering Economic Growth and Innovation (SDG 8 & SDG 9)

• The government of Pakistan has affirmed its commitment to providing a conducive environment for investors, aiming to foster value addition and economic diversification. This initiative directly supports SDG 8 (Decent Work and Economic Growth) by promoting sustained and inclusive economic activity.
• A strategic focus on sustainable investment and proper economic restructuring is underway. This is intended to unlock new opportunities and pave the way for growth, aligning with SDG 9 (Industry, Innovation, and Infrastructure) by encouraging sustainable industrialization.
• Improving economic indicators, such as the GDP index, are presented as evidence that the country is progressing towards its sustainable development targets.

Advancing Sustainable Tourism and Job Creation (SDG 8 & SDG 12)

• The report highlights the significant potential of Pakistan’s tourism sector, citing the country’s strategic location, resources, and talent pool.
• Developing this sector is aligned with SDG 8, Target 8.9, which focuses on devising policies to promote sustainable tourism that creates jobs and promotes local culture.
• Emphasis was placed on the necessity of providing security and liberty for foreign tourists to ensure the sector’s long-term viability and contribution to SDG 12 (Responsible Consumption and Production).

Investing in Human Capital and Technology (SDG 4 & SDG 9)

• The national development strategy recognizes the critical role of sustainability, business incubation, higher education, and technology.
• This focus on education and innovation is integral to achieving SDG 4 (Quality Education) and fostering the technological capabilities required by SDG 9.
• These elements are identified as catalysts that will usher the country into a new phase of sustainable development and prosperity.

Promoting Peace, Justice, and Strong Institutions (SDG 16)

• The significance of regional peace, particularly in neighboring Afghanistan, was underscored as a critical factor that would positively impact Pakistan’s stability and development.
• This regional approach to peace and security is a core component of SDG 16 (Peace, Justice, and Strong Institutions).
• The sacrifices made by security forces in maintaining internal peace were acknowledged as fundamental to creating a secure society where sustainable development can flourish.

Strengthening Partnerships for National Development (SDG 17)

• A call was made for national unity and collective action to build a stronger, more developed country.
• This appeal for collaboration reflects the principles of SDG 17 (Partnerships for the Goals), which emphasizes the need for strong partnerships to achieve sustainable development objectives.

Analysis of the Article in Relation to Sustainable Development Goals (SDGs)

1. SDGs Addressed or Connected

The article highlights several issues that directly and indirectly connect to the following Sustainable Development Goals:

• SDG 8: Decent Work and Economic Growth – The core theme of the article is economic development, attracting investment, improving the GDP index, and creating opportunities through sectors like tourism.
• SDG 9: Industry, Innovation and Infrastructure – The text mentions the importance of “incubation,” “shaping of technology,” and “proper restructuring” to pave the way for growth, which are central to this goal.
• SDG 16: Peace, Justice and Strong Institutions – The article explicitly underscores the significance of peace and security for national development and flourishing tourism, referencing regional peace and the role of security forces.
• SDG 4: Quality Education – The mention of a “trend of higher education” as a factor in the country’s development connects the discussion to this goal.

2. Specific Targets Identified

Based on the article’s content, the following specific SDG targets can be identified:

1. Target 8.1: Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7 per cent gross domestic product growth per annum in the least developed countries.
   • Explanation: The article directly refers to improving economic conditions and “showing better GDP index,” which aligns with the goal of sustaining economic growth.
2. Target 8.2: Achieve higher levels of economic productivity through diversification, technological upgrading and innovation.
   • Explanation: The commitment to “value addition, diversified economy,” “incubation,” and “shaping of technology” directly supports this target.
3. Target 8.9: By 2030, devise and implement policies to promote sustainable tourism that creates jobs and promotes local culture and products.
   • Explanation: The article explicitly highlights the country’s “potential in tourism sector” and the need to support it, which is the focus of this target.
4. Target 9.5: Enhance scientific research, upgrade the technological capabilities of industrial sectors in all countries.
   • Explanation: The mention of “shaping of technology” and “incubation” as drivers of a new phase of development implies a focus on upgrading technological capabilities.
5. Target 16.1: Significantly reduce all forms of violence and related death rates everywhere.
   • Explanation: The article stresses that peace is essential for development and tourism, and praises the “sacrifices of security forces in maintaining peace,” implying an ongoing effort to reduce violence.
6. Target 4.3: By 2030, ensure equal access for all women and men to affordable and quality technical, vocational and tertiary education, including university.
   • Explanation: The reference to the “trend of higher education” as a positive factor for development suggests a focus on increasing access to tertiary education.

3. Indicators Mentioned or Implied

The article mentions or implies the following indicators for measuring progress:

• Indicator 8.1.1: Annual growth rate of real GDP per capita.
  • Explanation: This is directly mentioned in the article as the “better GDP index,” which is used as a measure of improving economic conditions.
• Implied Indicator for Target 8.9: Growth of the tourism sector’s contribution to GDP and employment.
  • Explanation: While not a specific number, the article’s emphasis on developing the “potential in tourism sector” implies that its growth is a key metric for success.
• Implied Indicator for Target 16.1: The level of peace and security.
  • Explanation: The article presents “security and liberty of foreign tourists” and overall “peace in the region” as necessary conditions for economic flourishing. A safe environment is an implicit indicator of progress.

4. Summary Table of SDGs, Targets, and Indicators

Source: dunyanews.tv