Pakistan’s Investment in Research and Development Stands Below 0.2%

KARACHI: Professor Emeritus and former Federal Minister for Science and Technology, Dr. Atta-ur-Rahman, has highlighted a concerning trend in Pakistan’s investment in research and development (R&D), revealing that it currently stands at less than 0.2% of the country’s Gross Domestic Product (GDP).

Dr. Rahman emphasized that this figure is alarmingly low compared to global standards, where countries typically invest significantly more in R&D to foster innovation and economic growth. He stated, “For Pakistan to compete on a global scale, we need to increase our R&D investment by tenfold to stimulate technological advancement and economic development.”

The implications of such low investment in R&D are profound, affecting not only the country’s technological capabilities but also its overall economic productivity and competitiveness. As nations around the world prioritize innovation, Pakistan risks falling behind, which could hinder its potential for sustainable growth and development.

Looking ahead, experts are calling for a national dialogue on increasing R&D funding and establishing policies that encourage investment in science and technology. Stakeholders from various sectors are expected to convene in upcoming forums to discuss strategies for enhancing Pakistan’s research landscape and ensuring that it meets the demands of a rapidly evolving global economy.