Pakistan Economic Crisis: If India can do it then we can… Former Finance Minister of Pakistan told the way to deal with economic challenges

Pakistan is facing a serious economic crisis these days. Due to this a debate has started in Pakistan as to where did they go wrong that today India has gone so far and is on the verge of destruction. Now the former Finance Minister of Pakistan has said a big thing. He said that Pakistan needs to control its population as well as improve its education system. Former Finance Minister of Pakistan Miftah Ismail while addressing the “Reimagining Pakistan” seminar said that the birth rate in India, Bangladesh and many other Islamic countries is very low as compared to Pakistan.

need for population control

Former Foreign Minister of Pakistan About 5.5 million children are born in Pakistan every year and the birth rate in Pakistan is the highest in the world. Miftah Ismail said that if Pakistan’s birth rate was equal to Bangladesh’s birth rate in the last ten years, Pakistan’s per capita GDP would be 10% higher. He said that Pakistan is at the bottom of the Human Development Index due to population growth. Even lower than African countries. Pakistan needs to manage its population for sustainable and rapid development.

focus on education

The former finance minister of Pakistan stressed on the importance of education for the development of the country. He said that 50 percent of children in Pakistan do not study in schools. Only 44 percent of children in Pakistan go to secondary school, while in India this figure is 85 percent. The world sees the strength of India’s IITs. Now the former minister of Pakistan has also admitted that India’s IITs are among the top institutes of the world and people educated from them are CEOs of big companies of the world today. Miftah Ismail said that while all the best universities are opening in India, the average youth in Pakistan is doing a three-month diploma. The former minister said that Pakistan cannot progress without improving education.