Nope it's not even close to the mid 2000s side which had a strong batting line up with Asif and Shoaib opening the bowling attack.
This Pakistan batting line up is a one man team. The rest are pretty much just accumulators.
Unfortunately one of the major reasons why we're so far behind the likes of Aus, SA, NZ, Eng and Ind in ODIs is because of Misbah (and Waqar). He brought Pakistan back to the 80s with his defensive brand of cricket. Ironically enough Pakistan's teams of the 90s and 2000s were actually ahead of their time and had a lot of firepower throughout the batting line up with multiple hitting all rounders.
According to an interview by Azhar Ali (here on PP - 2-3 years ago I believe), he mentioned that Misbah's target was getting to 260 batting first and leave everything to the hands of Ajmal. When he got banned he had no plan B, C or X, Y and Z and was ruthlessly exposed in the 2015 WC.
While most teams after 2011 WC were playing the modern brand of cricket, Misbah chose to go backwards or "traditional" in an era of flatter wickets and is no why Pakistan is still lagging behind.
PSL has given the platform for the finds of Fakhar, Hasan Ali, Shadab, Sharjeel, Shaheen, Asif Ali et al where they wouldn't have got the same recognition playing the other domestic t20 tournament(s) because they are of lower quality (more teams = diluting average talent pool) and poor televised coverage.
But the PSL isn't going to be the finished article until it is moved out of the UAE, where trundlers can survive (and in some cases thrive) since they can exploit slowest decks in the planet on large sized grounds. But as we saw in the latter stages of the tournament in Pakistan, they found it tough going. Rumman Raees is a PSL product who also performed very well on a slow tacky Cardiff wicket in last year's semi but when he went to NZ on faster wickets with smaller grounds he was given a pasting.
Pakistani batsmen will continue to be much inferior to their AUS, NZ, Eng, Ind and SA counterparts if they are going to play their LOIs and PSL in UAE because they will struggle to adapt to the faster wickets and this was also evident in NZ. IF the whole PSL was played in Pakistan I'm sure this will filter batsmen and bowlers who are equipped to play in all conditions; 130 click trundlers who can bowl in UAE but can't bowl in Pakistan on faster decks + smaller grounds and the batsmen who can genuinely play 140+ bowling and not just thrive on slower wickets against slower bowlers.