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Charter of the economy : agenda for economic reforms in Pakistan
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Achieving the Sustainable Development Goals like education, health, water supply and sanitation. The focus of the Federal Government is on macroeconomic policies and the overall growth of the economy, provision of trunk economic infrastructure and for providing more social protection to the poor. The Provincial Government of Punjab, through its planning and Development Department, has undertaken a major exercise in planning for the achievement of the SDGs. This has involved the development of a National Macroeconomic Framework with a Regional Dimension of the Provincial Economy. The Framework is presented in Figure 29.1. Figure 29.1: The Planning Framework for The SDGs Following the construction of a large database, a Macro-Econometric Model has been constructed for projection of the variables linked to the achievement of the SDG targets. This Model has 120 equations and projects the outcome up to 2030 of achievement of SDG targets with different scenarios. Based on the insights gained from this planning exercise by the Government of Punjab the following recommendations are made for increasing the ability to achieve the key SDG targets. 29.4. Achieving the SDGs Identification of the Key Elements in the SDG Planning Exercise: A particular Provincial Planning and Development Department will need to first identify the following: i) The nature of the link between the regional economy and the national economy. ii) Sectors in which the Province has a comparative advantage in the national context and measures required to harness fully the potential of these sectors. 309