The government projected optimism as Prime Minister Shehbaz Sharif launched the 13th Five-Year Plan (2024-2029) on New Year’s Eve, joined by all four chief ministers representing the major political parties. While the track record of similar past plans tempers confidence, stakeholders have generally not dismissed it as political posturing and appear willing to support the government in delivering on its promises.

Ordinary Pakistanis, like people elsewhere, react only to government actions that directly affect their income or budgets, often remaining indifferent to lofty proclamations. “People are too consumed by survival challenges in today’s harsh economic and security environment to care about the government’s ambitious plans,” observed an analyst.

“Life has always been tough for them, but now, with access to glimpses of luxurious lifestyles through their phones, the stark contrast between their reality and aspirations fuels more frustration and discontent. Earning their trust and goodwill will require far more than high-sounding promises,” he added.

Some observers noted the absence of private sector and civil society representatives at the launch ceremony. “If the government values public ownership in shaping the success of an economic turnaround framework, as it claims, and if the plan was actually developed in consultation with the business community and a diverse range of experts and stakeholders,........

© Dawn Business