Planning Minister Ahsan Iqbal announced on Monday that the government will launch the National Economic Transformation Plan for the next five years tomorrow. Radio Pakistan reported.
During a 2022 briefing, Iqbal presented the previous government’s four-point plan to revitalize the economy, which included increasing exports, encouraging foreign investment, improving the tax-to-GDP ratio and addressing loss-making state-owned industries.
Earlier in April, Prime Minister Shehbaz Sharif called for the creation of a comprehensive five-year strategy to double the country’s exports and underlined the importance of a collaborative approach, asking the Ministry of Commerce to design the export strategy in consultation with businessmen. and successful stakeholders. .
“The transformation plan is based on several factors that need to be addressed and achieved if Pakistan is to develop and progress in the future,” the minister said during a ceremony of the 47th Specialized Training Program of the Pakistan Administration Service in Lahore, according to the report. .
The minister emphasized focusing the country’s resources on promoting an export-based economy and developing e-commerce such as automation, nanotechnology and artificial technology that will “reshape the economy of the future.”
“Pakistan will have to combine its human resources with emerging technologies,” he said.
Iqbal also urged civil servants to use all their capabilities to better manage public affairs as civil service is a big responsibility and not just a job, the report said.
