Successful initiatives for public-private partnerships.

The country's policymakers and economic managers have introduced various schemes and programmes for the economic development and public welfare in Pakistan, aimed at benefiting the public at large with such initiatives continuing to run successfully in the long run. In recent decades, successive previous governments also introduced some schemes for general public welfare. But a majority of these schemes were really only designed to achieve short-term political gains and public popularity to earn votes for the next term, at the expense of taxpayers' money. Yet, a few of these programmes have been continued by the ensuing governments due to their surprisingly positive outcomes.

For instance, the PML-N government introduced various schemes in its different terms, but a few of these initiatives which remained in the minds of the public included Yellow Cabs, the Tractors Scheme, and the PM Laptop Scheme. Similarly, Pakistan Peoples' Party (PPP) in its different tenures also introduced multiple programmes such as the Lady Health Workers Programme and the Benazir Income Support Programme (BISP). The incumbent government led by Pakistan Tehreek-e-Insaaf (PTI) has also introduced various schemes and programmes in the past three years in which it has been in power. A couple of schemes and projects received an overwhelming response from the public which are not only benefiting its targeted audience but also contributing significantly to the economic development of the country. These include Mera Pakistan, Mera Ghar scheme, and the initiative of Roshan Digital Accounts.

In less than a year, the subsidised low-cost scheme Mera Ghar received a whopping amount of Rs30 billion through various commercial banks. Not only is the ownership of housing units now possible for the middle-class income group in various cities, but the construction industry is also witnessing a rising curve in production and expansion, including allied sectors such as cement and steel. On the other hand, Roshan Digital Accounts is catering to the needs of overseas Pakistanis effectively for the first time in the history of the country. It attracted inflows of a colossal amount of $2 billion on account of foreign remittances. Overseas Pakistan can not only send remittances easily to their relatives living in Pakistan through banking channels, but they can also invest in the stock exchange and government bonds as well. They can also buy a car and now even a home under the umbrella of...

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