50 drivers of change in the public sector: Pakistan
A rapidly increasing population will generate a need for more public services, better infrastructure and employment opportunities.
The use of public private partnerships (PPPs) are a crucial mechanism through which Pakistan can address its infrastructure investment objectives.
The China Pakistan Economic Corridor (CPEC) has brought about transformational effects, in scale and depth, that are just starting to be felt.
However significant limitations still persist in the form of constrained long-term availability of financing and the bottlenecks, in both financial and technical capacity, at the devolved level.
Skills gaps and shortages are a problem often cited by employers, whether in the private or public sector. Pakistan is no exception but capacity-building projects currently fall short in plugging the gap.
"For countries such as Pakistan, large gender gaps in education alone are estimated to reduce the growth of GDP by around 1.3% every year."
Top five drivers of change
Use of public private partnerships (PPPs)
Business leaders' responsiveness to change and disruption
The level of economic growth
Quality and availability of the talent pool
Clarity in financial reporting and defining the audit function