Correct. Seems like various people are confusing the two. The issue of granting PR, is often about an additional tax and labor source for the government of that country.

For example: 1) Low birth rates and high ageing population percentage, this can be offset with immigration. Then PR status can be granted, as a kind of carrot and better tax revenue generation "filter". 2) Labor market manipulation and facilitating international business, where immigration is used to fill holes in various industries.

Why a country would want to grant PR, usually has different purposes from citizenship. There is overlap, but they aren't the same.