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PAKISTAN 2019 Special 14Th of August, 72 Years of Independence

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PAKISTAN 2019 Special 14Th of August, 72 Years of Independence Special Report This supplement is printed and distributed This report was produced by the USA TODAY It does not involve the in partnership with One World Media editorial staff of USA TODAY PAKISTAN 2019 Special 14th of August, 72 Years of Independence Lake Saiful Malook Photo by Waseem Abbas. The Revival of an Economic Giant Political change, regulatory reforms and an anti-corruption agenda will lead Pakistan to economic prosperity. rime Minister Imran Khan has given Pakistan what «U.S. is a major source of foreign his predecessors couldn’t investment in Pakistan and its afford: hope. Seen as a new largest export market» and incorruptible face in politics, Phe gathered the support of young generations, rupt politicians have been prosecuted and an seasoned entrepreneurs and military leaders alike, Assets Recovery Unit, a whistle-blower law leaving behind the country’s two dynastic political and better tax policies are being implemented. parties, the Sharifs’ Pakistan Muslim League (PML) Likewise, a first-of-his-kind anti-poverty plan and the Bhuttos’ Pakistan Peoples Party (PPP). His “Ehsas” (Empathy) aims helping the poor gain vision of a “Naya (New) Pakistan” entails an am- Pakistani Prime Minister first official meeting with U.S. President Donald Trump is an opportunity to better access to healthcare, education and em- bitious program of reforms aimed at shaking the mend and reinvigorate the two countries’ long-standing and mutually beneficial relationship. ployment. To fund his reforms and bolster the country out of decades of political, economic and economy, Khan is actively seeking foreign in- administrative stagnation. and reinvigorate the two countries’ long-standing a vital part of the agenda, as the U.S. is a major vestors. Saudi Arabia has pledged investment Pakistan occupies a strategic geopolitical po- and mutually beneficial relationship. Trump ex- source of foreign investment in Pakistan and its deals worth $20 billion and they are currently sition linking China, India, Afghanistan and Iran, pects Pakistan to pressure the Taliban to reach a largest export market, furthermore Pakistan is in talks with the United Arab Emirates, Qatar, but it had been relegated to a secondary place peace deal with Afghanistan, ending U.S. involve- going through a $6 billion IMF bailout and is try- Malaysia, Japan and China, its biggest foreign both regionally and globally. Similarly, although it ment in the conflict ahead of the 2020 elections; ing to solve its balance of payments crisis. investor and a major aid donor. There is still a has long been allied to the U.S (and more recently while Imran Khan hopes this cooperation will Domestically, Khan’s government is particu- long way to go for Pakistan to reach its enor- China), its relations with the U.S. deteriorated dra- unlock U.S. financial assistance, as well as keep larly focused on fighting corruption and poverty. mous potential, but for the first time in its re- matically in the last years, strained by the Afghan Pakistan off the Financial Action Task Force’s Through its anti-corruption agency, the National cent history, there is reason to believe they are conflict. Moreover, Donald Trump’s administration blacklist. Trade and investment agreements are Accountability Bureau (NAB), several top cor- on their way to success. adopted a hard line against Pakistan, accusing it of supporting the Taliban and suspending $2 billion The modern state of in security assistance. However, things started to A Strategic Geopolitical Location Pakistan was established turn when Prime Minister Imran Khan took office Pakistan links China, India, Afghanistan and Iran, on 14th of August 1947 by and due to its location has far reaching influence its founder Muhammad in August 2018. Early on, he called for “mutually Ali Jinnah. beneficial” ties with the U.S. and promised to fight in South Asia, the Middle East and Central Asia. terrorism, specially in Iran’s and Afghanistan’s borders. MAIN FACTS in 2018 (Trading Economics) Now, PM Khan’s first official visit to Washing- Capital: Islamabad Currency: Population: 204,715,362 Pakistani Rupee ton last month is seen as an opportunity to mend (Worldometers July 2019) Inflation:8.89% (Trading Life Expectancy: 66.5 Economics June 2019) years old (WHO 2018) Unemployment: 5.9% Gross Domestic Product: (Trading Economics 2017) Leading $312.57 billion U.S. dollars Area: 881,913 km2 by Example SAYED Nearly 450,000 workers leave Pakistan each year ‘ease of doing business’ in the country, which has Sayed Zulfikar Abbas Bukhari, a young ZULFIKAR for job opportunities abroad mainly to GCC coun- also seen dramatic reduction of regulations and British-Pakistani businessman from ABBAS tries (Gulf Cooperation Council), but over the past taxes and the increase of transparency in order to BUKHARI London, left his successful enterprise 2 years the number has seen a decline by 100,000 facilitate a trustworthy economic environment. SPECIAL to join Prime Minister Imran Khan in an ASSISTANT TO mainly due to ineffective policies, slow growth and Bukhari has recently been appointed as the effort to turn Pakistan’s trajectory around. THE PM ON instability in the Middle East. To address this issue, Chairman of the Pakistani Tourism Development OVERSEAS and considering the potential to grow manpower Corporation, an important position within an admin- PAKISTANIS exports and their direct impact on the economy, istration that is betting heavily in turning Pakistan & HRD ynamic & acknowledged as Bukhari’s office has created think tanks with oth- into a touristic destination and one that was previ- one of Britain’s Most Influ- er countries like Germany and Japan, while he ously being headed by the Prime Minister himself. ential Trailblazers - the young continues to work with other countries like Unit- “The main aim of this government is to successful entrepreneur from don businesses and decided to come here because ed Arab Emirates and Qatar in order to train the promote Pakistan as a destination and show London, Zulfikar Bukhari decided I believe in this government and PM Khan’s vision”, workforce with the right skills needed abroad. that Pakistan is now open for business”, says Dto accept the newly elected Prime Minister Imran explains Bukhari, “Pakistan has not seen a more bal- “We are also addressing the issue of brain Bukhari, “We are reducing visa restraints on 182 Khan’s invitation to become his Special Assistant anced, transparent and well organized administra- drain”, adds Bukhari, “We have created a portal countries, and we are lowering restrictions on on Overseas Pakistanis and Human Resource De- tion, and we are already seeing the benefits of this”. named ‘Naya Pakistan Calling’, on which expats where visitors can and cannot go”. velopment in the autumn of 2018. In just over ten Once awarded as being among the top 100 can share their CVs and get offered jobs at home, As Chairman he has personally been cred- months in this office, Bukhari has already turned most powerful and influential Muslims in Britain, in both, the private and public sector”. The current ited with the return of direct flights by British the ship around & designed policies to bring Pa- Bukhari was assigned a ministry that required ma- government has also made a special provision in Airways, and they are now looking to have kistan back into a globalized world. His focus is jor reforms and had always been a cause close to the cabinet for successful Pakistanis abroad as a Lufthansa and other airlines return to the coun- on opening possibilities for both local workers and the Prime Minister’s heart. His focus today is on means to add valuable international experience as try. Most recently, he also successfully convinced entrepreneurs abroad that help boost Pakistan’s developing and exporting quality human resource, well as an opportunity to lead by example. UK’s Sikh community to invest £500 Million to remittances while enabling a friendly environ- helping Pakistani workers abroad while improving As a close aide and adviser to PM Imran Khan on develop religious tourism in Pakistan. ment for foreign and diaspora investors. the conditions for highly skilled professionals in all areas of diaspora facilitation, Bukhari is also build- “I left all directorship positions in my Lon- order to avoid brain-drain in the country. ing awareness among people to come and invest «I invite the readers of USA Today “Human resource development is our main their money in Pakistan. Recently, the government to keep following Pakistan, to STAFF focus right now, because it can be a great as- introduced a bond with a 6.75% annual return. have faith in the leadership and set”, says Bukhari, “We need to improve the “That is a great yield and you cannot find a to come and visit the country for Pablo Martinez Matosas skills of the workers we send abroad, so that similar bond backed up by the government an- CEO they can be more competitive, earn better pay, ywhere else in the world”, says Bukhari. In fact, tourism as well as for business Stephanie Huertas opportunities» Project, Marketing and Sales Director and increase their remittances in turn”. this came as a part of a wider effort to improve the Gregoire Assellin Economic Researcher Maricruz Rojas Felix Stéphanie Huertas Gregoire Asselin Pablo Martinez Matosas Designer International Project Director. Business journalist. CEO. Matias Godoy The World is my playground; I am a adventurous Ask him about his beat box- Chief Editor we are ONE. Intrepid Traveler, minded person always ing skills, Spanish captain, Giangina Orsini Experiences Collector, Nature on the lookout for a wine connoisseur. Writer & People Lover, a passionate hidden paradise. Agustin Godoy person, soul-thirsty for adven- Lead Analyst Judith Miguélez Díaz Instagram @steph_any tures, cultures and art.
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