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The
main issues in the economic development of Pakistan have been the good
governance and proper utilisation of
funds. It is undeniable fact that economic growth is an important factor in
reducing poverty and releasing resources for human resource development. There
is a strong correlation between per capita income and indicators of human
development such as adult literacy, life expectancy, infant mortality, political
and civil rights. The quality of governance is essential for the development of
human resources. The good governance ensures the transparency, efficiency, and
rationality in the utilisation of public funds and national resources,
encourages growth of the private sector, promotes effective delivery of public
services and helps establish the rule of law. Along with good governance, the
people friendly policies, and sound macroeconomic management are also of immense
importance in this context. Bad governance promotes a culture of corruption in
the national institutions................ |
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