The goal of ‘Uraan Pakistan’ is to make Pakistan an economy of a Billion dollar in 2035, said Ahsan Iqbal, Minister of Ahsan Iqbal. In one step towards this ambition, an agreement was reached on Sunday between the Ministry of Planning and China’s Development Research Center (DRC) to improve financial cooperation.
Understanding was formalized during a meeting between Minister Ahsan Iqbal and Lu Hao, President of China’s Development Research Center (DRC) and Center for International Knowledge on Development (CIKD).
Uraan Pakistan is a national initiative aimed at transforming Pakistan into one of the world’s leading economies by prioritizing innovation, including sustainability and sustainability. Guided by the 5ES frames it focuses on five critical areas: exports, digital transformation, environment and climate change, energy and infrastructure development and justice and empowerment. The initiative seeks to diversify the economy and improve Pakistan’s global market position through export growth.
Through joint research, training programs and expert exchanges, China will help Pakistan strengthen its financial foundations.
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Lu Hao expressed confidence in Pakistan’s strategy to become an export -oriented economy.
“Strong financial cooperation between Pakistan and China is the key to national development,” said Ahsan Iqbal.
“CPEC has transformed the eternal friendship into an economic and social partnership beyond political cooperation,” he said.
Pakistan wants to promote trade and exports with China
Planning Minister
Iqbal emphasized Pakistan’s intention of drawing lessons from China’s economic growth and reforms. “Pakistan is eager to learn from China’s financial and reform successes,” he said. “China’s scientific planning is a leading light for long -term and sustainable economic development.”
When he talked about the domestic economic prospects, Iqbal said the government’s “Uraan Pakistan” initiative aims to stabilize and grow the national economy. “Through the Uraan Pakistan program, the national economy is moving towards stability,” he said. “The goal of ‘Uraan Pakistan’ is to make Pakistan an economy of a billion dollar in 2035,” the minister added.
He noticed encouraging characters from the financial front. “International institutions confirm the positive indicators of the Pakistani economy,” he said. “The policy rate has fallen from 23% to 11%,” he added.
With reference to the market’s performance, the minister said: “Pakistan -the exchange has surpassed 140,000 points.”
Iqbal highlighted the trade potential with China and said: “China imports about $ 2 trillion annually, while Pakistan’s share in it is extremely small.” He emphasized, “Pakistan wants to promote trade and exports with China.”
He also said, “accessing Chinese markets is an important financial target.”
The ending pointed out the minister’s challenges that were facing before. “In the past, political instability and disruption in political continuity affected the development process,” he said.
