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Collapse of health, education sector destroying economy: Mian Zahid Hussain.

News Desk by News Desk
November 24, 2023
emerging markets:
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Karachi – (November-24-2023) Chairman of National Business Group Pakistan, President Pakistan Businessmen and
Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian
Zahid Hussain said on Friday that the number of children born in Pakistan yearly is more
than the total population of many developed countries. 
 
He added that the country’s economy and resources cannot bear the burden of an increase
in population of six million people per year. 
 
Mian Zahid Hussain said that the population growth rate in Pakistan is the highest in the
world. In contrast, the growth rate is lower than that of African countries, which shows
the deterioration of the situation. 
 
Talking to the business community, the veteran business leader said that Pakistan’s
population growth rate is 2.55%, India’s 0.7%, China’s 0.1% and Bangladesh’s 1.1%. 
 
Due to the weak economy and growing population, forty percent of children in the
country lack adequate nutrition; the maternal and child mortality rate is the highest in the
world, he said.  
 
The business leader said that apart from Afghanistan, only Pakistan has the honor that
polio disease has not been eradicated here. 
 
Much of the population lacks clean drinking water, jaundice and tuberculosis are
common, and one in four adults has diabetes. 
 
Mian Zahid Hussain further said that nearly two and a half million children in Pakistan
are deprived of schooling, and a few percent of those who have access to schools are
forced to seek substandard education. 
 
Pakistan is also at the top in terms of environmental pollution, and its cities are often
ranked among the most polluted cities in the world. 
 
In these circumstances, the influential groups of the society have devised their systems
for managing health, education, security, housing, water employment etc. 
 
Mian Zahid Hussain further said that some economic stability has come from the IMF
standby agreement, along with the recent successful review of the IMF, investors’
confidence has also increased, due to which the stock exchange rose by 58,000 points. 
 

Exports and remittances have also seen an increase in the last month. The value of the
rupee has stabilized. Due to SIFC’s initiatives, people’s confidence in the country’s
economic future has increased. 
 
More political and economic stability is expected in case of an election. Despite all these
positive signs, the country’s long-standing problems are still in place, for the solution of
which the whole nation will have to unite, and there is no chance for chaos and politics of
vandalism.

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