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The World Bank economist Tercan Baysan called on Prime Minister's adviser on Finance Dr Salman Shah and presented to him a report on Pakistan's growth and export competitiveness.
The meeting discussed analysis and various options enumerated in the report to improve technology, skill and various components of value chains in the various sectors.
Welcoming the visiting economist Dr Salman Shah said the government's objective was to improve the GDP growth and sustain it between 7-8 percent.
He emphasised the need to prepare an action plan indicating the benchmarks of various components in the value chain, which need to be improved so as to make better the productivity, competitiveness and reduce the cost of production.
The adviser asked the economist to prepare recommendations for policy and structural changes conducive to improve growth and productivity. Dr Salman Shah added that Pakistan needed skilled professionals to get a competitive edge in export of surplus products over its neighbouring countries.

Copyright Business Recorder, 2006

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