Karachi: Mian Zahid Hussain, an influential figure in Pakistan's business community, has raised concerns over the country's economic dualism, urging for a unified national strategy to address emerging challenges. As Chairman of the Policy Advisory Board of the FPCCI and President of Pakistan Businessmen and Intellectuals Forum, Hussain underscored the dichotomy between international achievements and domestic predicaments.

While Prime Minister Mian Shahbaz Sharif's visit to the SCO Summit in Beijing has ushered in a 'new phase of economic partnership' with China, indicating growth beyond the traditional CPEC framework, Pakistan grapples with internal adversities. The Pakistan Stock Exchange's remarkable surge past the 150,000-point threshold is a testament to investor confidence, yet this positive narrative is eclipsed by unprecedented floods in Punjab. The catastrophic deluge, the worst in the province's history, has affected over two million residents and threatens the country's food security by devastating vital agricultural lands.

Despite the government's proactive relief measures, the situation on the ground remains dire, with displaced families facing severe hardships. Mian Zahid Hussain stressed the urgency of converting visionary policies, like the National AI Policy and the 5G spectrum auction, into tangible benefits amid ongoing regulatory challenges in telecommunications.

He asserted the need for translating strategic diplomatic triumphs into concrete domestic solutions, emphasizing the critical role of the business sector in partnering with the government. Hussain concluded by advocating for a dual approach—sustaining reform initiatives while effectively tackling crises—to secure Pakistan's sustainable economic growth and resilience.