Pakistan Seeks to Hit $10 Billion Export Mark as Economy Bounces Back
Islamabad: Minister for Planning, Development, and Special Initiatives, Professor Ahsan Iqbal, has announced that the economy of Pakistan is showing signs of recovery and stabilization after facing a difficult period.
At the National Workshop on Balochistan at the Prime Minister‘s House, he discussed his government’s plan of enhancing. the country’s exports from $30 billion to $100 billion in the next 10 years. That’s a significant portion of Pakistan’s long-term economic policy.
Iqbal said that the 21st century is a period of financial innovation, and Pakistan needs to become more competitive in the global market. He said that an “Economic Long March” is needed to help the country grow. Soon, Prime Minister Shehbaz Sharif will launch a detailed roadmap to boost Pakistan’s economy.
The minister also focused on the importance of young development. He added that investing in education and skill building. is the growth component of the country. If resources are distributed rightly, he believes that wealth will be built.
Looking back at past achievements, Iqbal mentioned the development of Gwadar into a growing city and improvements in infrastructure, including a new transmission line from Iran to Balochistan. However, he noted that recent challenges had slowed progress. He believes that if efforts had continued without interruption, Balochistan would be much stronger today.
The minister said that with better infrastructure, especially roads, the economic potential of Balochistan would be unlocked, and he also mentioned some security issues in the area, which require peace building’ and support from security institutions. These efforts are going to help create a better environment for economic growth and will bring a brighter future to the people of Balochistan.
