Lahore: Pakistan’s Minister for Planning and Development, Ahsan Iqbal, emphasized the significance of political stability and an export-led economy as essential pillars for achieving economic self-reliance and sustainable development in Pakistan. Speaking at the ‘South Asian Federation of Accountants International Future of Finance Summit’ held in Lahore, Iqbal highlighted the nation’s resilience in overcoming challenges, particularly following last year’s aggression from India.
According to Radio Pakistan, the Minister expressed optimism about Pakistan’s potential to undergo a transformative decade, provided that all societal segments prioritize national interests over personal gains. He proposed ambitious export targets, advocating for an increase to 400 billion dollars in the long term and at least 100 billion dollars by 2030.
During the summit, Khurram Schehzad, Advisor to the Finance Minister, outlined the government’s initiatives to foster economic growth. These measures include enhancing the tax system, promoting financial transparency, and implementing investor-friendly policies. Schehzad underscored the importance of sustainable economic growth, fiscal discipline, investment promotion, export increases, and the development of robust institutional frameworks.
Schehzad also highlighted the critical role of Pakistan’s youth, describing them as the country’s most valuable asset. He stressed the urgency of providing the younger generation with quality education, modern skills, and ample opportunities to contribute to the nation’s progress.