How Pakistan Can Revive in Current Situation/Economic Policies That Pakistan Should Adopt Right Now

What should Pakistan do right now to get out of the economic crisis. This is the big question now a days. I have sorted few points of consideration, segregated in short- and long-term measures with respect to time to attain desired objective. I would invite further comments from you to add or further improve these points.

Short term:

Long term plans: (Should be initiate now)

• We have great agricultural potential with huge river system and our major population is associated with agricultural sector. We just need to incentivize our farmers by providing them subsidized fertilizers, loans, electricity and technology to yield maximum out of the production. GDP and wealth can be increased in this way through exports.
• Devise a system where government directly purchase from farmers to transfer maximum benefits to farmers and end consumers.
• Our biggest asset is our youth that is around 60% of total population. Government should directly invest on skill development of youth instead of providing them laptops or loans. In this way, they can earn for themselves as well as enhance foreign reserves for the country by selling their services outside Pakistan using multiple platform available.
• One of the major problem Pakistan facing is costly energy. Pakistan should shift its energy means to hydral and solar system. They are cheaper and environment friendly.
• Reducing the dependency on imported goods and services and gradually shift to self-developed product and services. Government should list down all imported goods and services and short listing among them which we can produce locally and encouraging local and foreign investors to establish such industries. Government should incentivize them through providing ease of doing business and tax rebates.
• Government should improve road infrastructure and increase the probability of public transport to common man. This facility should be available at door step. So that petrol consumption and pollution, can be reduced and traffic issues can be resolved.