There should be political
stability in the Pakistan for fast-tracking the rate of economic development in
the country. If there is a change in the government after elections, the
projects introduced by the previous government should not be changed.
Administration should be loyal to the country. In Pakistan it’s a common
practice that there has been rapid change in ruling parties and each government
which came in authority rejects the work done by the previous ruling party. And
introduced their own plans, formulated their own strategies of development.
The difference of US Dollar and Pakistani should be kept least. Steps may be
taken to attract investment from overseas Pakistanis and international
investors. New dams should be constructed to increase availability of water for
irrigation purposes, as irrigation water has a vital importance for better
agricultural production. The quantity and quality of irrigation water should be
improved through desalting and other water conservation techniques. The health
facilities provided by private and autonomous hospitals are not within the reach
of the poor. The government should discourage commercialization of health and
ensure availability of adequate health facilities to all segments of society at
reasonable rates.
Focus must be on all levels of businesses and entrepreneurship is not limited to
only large scale industries. All possible opportunities must be given to all
entrepreneurs so that they can give their best to the well-being of economy and
results in the increments in national income of country.
The impression that entrepreneurship and economic growth are positively related
has a broad base of support, both in terms of theory and empirical evidence.
Entrepreneurship can be considered as a gauge for measuring their impact of
different forces on the economic growth of the country.