Pakistan, Sept. 18 -- Adviser to the Prime Minister on Privatization and Chairman Privatization Commission Muhammad Ali on Thursday said Pakistan needed to make three strategic moves, change the way it grows, build productive scale and compete globally to translate macroeconomic stability into sustainable and higher economic growth.

Speaking at the 9th Edition of the Leaders in Islamabad Business Summit, he argued that lower inflation, declining interest rates and currency stability were important achievements, but stability should not be treated as the final objective. Pakistan now needs to focus on building a productive economy capable of meeting the demands of its growing population. He said the window created by macroeconomic stabili...