Uraan Pakistan Unveiled: A New Economic Dawn

Pakistan's Prime Minister Shehbaz Sharif launched the 'Uraan Pakistan' economic plan aiming for fast-track growth with a $10 billion annual investment target. The plan focuses on privatisation, sustainable growth, and export-led development to achieve a six percent GDP growth rate and create one million jobs annually by 2028.

Pakistan's Prime Minister Shehbaz Sharif unveiled an ambitious plan for the nation's economic transformation on Tuesday, under the title 'Uraan Pakistan', aiming for substantial development over the next five years.

This strategic framework aspires to catapult Pakistan towards sustainable growth, with a set annual investment goal of USD 10 billion and an emphasis on creating an investor-friendly environment. The introduction of this plan represents a milestone in Pakistan's economic journey, as it focuses on privatisation and outsourcing as significant components of the strategy.

Finance Minister Muhammad Aurangzeb elaborated that the program targets a GDP growth rate of six percent by 2028. The 'Uraan Pakistan' initiative is built on the principles of exports and e-commerce development, environmental priorities, energy and infrastructural growth, and ethical empowerment. Its successful implementation is expected to lead Pakistan towards becoming a trillion-dollar economy by 2035.

(With inputs from agencies.)