Talking to Bjorn Stigson, president, World Business Council for Sustainable Development, (WBCSD) Geneva who called on him Wednesday, the Prime Minister termed the improvement in the standard of living of the people at grassroots level as the real criterion for the success of any reform agenda.
He said the broad based, multidimensional structural reforms introduced by the government during the last seven years have put the economy on a high growth trajectory and all sectors of the economy are showing growth.
The Prime Minister said sustaining a high level of investment and growth is a major challenge and the government is focusing on the development of human capital, infrastructure strengthening, health care and gender parity as part of the Medium Term Development Framework.
Shaukat Aziz underlined the major role of private sector in ensuring sustainable development and said the economic philosophy of the government based on three broad principles of liberalisation, deregulation and privatisation.
He said continuity, consistency, transparency of policies and good governance have facilitated the private sector to innovate, grow and lead the development process.
The Prime Minister welcomed the setting up of Business Council for Sustainable Development of Pakistan. Bjorn Stigson said the World Business Council for Sustainable Development is a leading business advocate on sustainable development that brings together some 180 international companies in a shared commitment to sustainable development through economic growth, ecological balance and social progress.