Pakistan Aims for $100 Billion Export Milestone as Economy Stabilizes

Economic Recovery and Long-Term Vision
Minister for Planning, Development, and Special Initiatives, Professor Ahsan Iqbal, announced on Wednesday that Pakistan's economy is showing signs of stabilization after a turbulent period. Speaking at a National Workshop on Balochistan held at the Prime Minister's House, he unveiled the government's ambitious goal to boost exports from $30 billion to $100 billion over the next decade, emphasizing the need for an 'Economic Long March' to compete globally.

Key Initiatives and Priorities

• Comprehensive Economic Roadmap:
  Iqbal shared that Prime Minister Shehbaz Sharif would soon unveil a detailed economic transformation plan aimed at sustainable growth.

• Youth and Education:
  Youth development was highlighted as a cornerstone of economic growth, with investments in quality education and skill-building prioritized to harness Pakistan’s demographic potential.

• Regional Development:
  The minister reflected on achievements such as Gwadar’s development, a transmission line from Iran for Balochistan, and the deepening of Gwadar Port. However, he regretted the setbacks caused by disruptions to these projects.

Focus on Infrastructure and Security
Iqbal emphasized the importance of infrastructure development, particularly highways, to unlock Balochistan’s economic potential. He also reaffirmed the government’s commitment to addressing security challenges through peacebuilding and development initiatives.