Pakistan, Oct. 23 -- Adviser to the Prime Minister on Privatization Muhammad Ali on Thursday stressed the need for sustainable economic growth through structural reforms, private-sector investment and export-led development, identifying agriculture, textiles and information technology (IT) as key sectors that could help Pakistan strengthen its economy.

Addressing the CEO Summit, he said Pakistan needed to learn from countries such as China, South Korea, Vietnam and Bangladesh, which had built their economies by focusing on existing strengths and developing them consistently over time.

He said Pakistan had faced severe economic challenges during 2022 and 2023, including fiscal constraints, low productivity, production curtailments, high ...