Call for charter of economy

Last week, Finance Minister Ishaq Dar repeated his call for a charter of economy and isolating the economic realm from politics during his conversation at Pakistan Prosperity Forum. One can say that all economic policies are political choices as they create winners and losers, therefore the call for the charter of economy has not gained significant traction. However, on reflection, one can also see the significance of the charter of economy for creating a working consensus on a minimum agenda. In this article, I am sharing a proposal for restructuring the federal government, which can become the basis of a charter of economy. Ideally, all political parties should endorse the charter of economy.