Charter of the Economy iii) Determination of the potential for resource mobilization from provincial revenue sources and the required size of transfers from the Federal Government. iv) Prioritization of the sectoral composition of the Annual Development Program at the Provincial level and needed public investments at the Federal level. v) Required level of private investment to achieve SDG goals related to the rate of economic growth and employment creation, and incentives to be provided for achieving this level of investment and exploring opportunities for public- private partnerships. Required Level of Resource Mobilization: The required growth rate in real transfers and own revenues in the context of Punjab are highlighted below: Federal Transfers Own-Provincial Revenues *Since 2015-16. Historical*Real Growth Rate (%) 2.1 6.5 Required Real Growth Rate (%) 10.0 12.5 Required Changes in Sectoral Development Allocations: Major changes are required in sectoral allocations within the Federal PSDP, and the Punjab ADP as shown in Table 29.1. Table 29.1: Changing the Sectoral Allocation Shares in the Federal PSDP and in the Provincial ADP of Punjab for Greater Progress on the SDGs(%) FEDERAL PSDP PROVINCIAL PSDP Actual (2018-19) Scenario for Achieving SDGs Actual (2018-19) Scenario for Achieving SDGs Agriculture 1- 4 7 Industry 3 5 4 6 Irrigation 14 25 8 11 Hydro-Electricity Energy 13 15 2 4 Transport and 28 Communications 20 27 16 Education 6 7 13 24 Health 2 3 13 17 Regional 12 13- Water Supply& 9 Sanitation 9 9 10 Others 2 3 20 5 TOTAL 100 100 100 100 310
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Charter of the economy : agenda for economic reforms in Pakistan
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