Prime Minister Shehbaz Sharif will soon unveil the National Economic Transformation Plan 2024-29.
The five-year plan aims to address key economic challenges through a specific framework called the “Five E’s”: Exports; E-Pakistan; Equity and Empowerment; Environment, Food and Water Security; and Energy and Infrastructure.
Earlier in April, Prime Minister Shehbaz had called for the creation of a comprehensive five-year strategy to double the country’s exports and stressed the importance of a collaborative approach, asking the commerce ministry to design the export strategy in consultation with businessmen. and successful stakeholders.
The plan announcement ceremony was held in Islamabad and was attended by Finance Minister Muhammad Aurangzeb, Planning Minister Ahsan Iqbal and Deputy Prime Minister Ishaq Dar.
Addressing the event, Prime Minister Shehbaz praised the presentations of the above ministers. “The fact of the matter is that in the last nine months we negotiated enormous challenges [and] difficulties and thanks to the tireless efforts of the federal and provincial governments and our partners in prosperity and progress, we have been able to achieve macroeconomic stability.
“But this is just the beginning of a long journey that would involve sacrifice, blood and sweat to achieve economic growth and find our lost place among nations,” he added.
The prime minister said the above required everyone to come together to work together and move forward with “unity of thought and action.”
Today, Information Minister Attaullah Tarar said the reform package would significantly improve the lives of citizens, stimulate growth and strengthen the economy.
Tarar said the economy had moved from the brink of default to stability and was now on the path to progress, highlighting improvements in all economic indicators.
He described the reform-driven plan as centered on a ‘Made in Pakistan’ approach and highlighted its vital role in fostering economic growth and bringing positive changes for the people of Pakistan.
Tarar said the economic reform agenda was designed to accelerate the country’s development and ensure the prosperity of its citizens.
More to follow.
