LAHORE: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal has said Pakistan can achieve sustainable economic growth through unity, political stability, discipline, and an export-driven strategy.
According to Beyond Time News, he shared these views while speaking at the South Asian Federation of Accountants (SAFA) International Future of Finance Summit 2026 in Lahore on Saturday.
Economic Stability Linked to National Unity
He stressed that national progress depends on collective effort across political and economic sectors. Moreover, he said national interest must remain above personal or political differences.
In addition, he argued that long-term stability requires consistent policies and stronger institutions.
Exports Identified as Key Driver of Growth
The minister emphasized that exports play a central role in achieving economic independence. Therefore, he called for a major expansion of Pakistan’s export base in the coming years.
He proposed a long-term export target of $400 billion and an interim goal of $100 billion by 2030, describing it as a national priority.
Regional Comparison Highlights Gap
Furthermore, Ahsan Iqbal compared Pakistan’s export performance with regional economies such as Vietnam.
He noted that Vietnam achieved rapid export growth through policy continuity and industrial expansion, while Pakistan’s exports have remained relatively stagnant.
Need for Business-Friendly Reforms
At the same time, he pointed out that bureaucratic hurdles continue to discourage investment and industrial growth.
He urged reforms to make governance more supportive of businesses. Likewise, he stressed the importance of value addition, branding, packaging, and international compliance to improve competitiveness.
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Private Sector Role and Policy Continuity
Meanwhile, the minister said the private sector must lead future economic development, while the government should focus on facilitation.
He also highlighted that political stability and continuity of economic policies are essential for progress. Without them, he warned, sustainable growth remains difficult.
Long-Term Vision for Economic Transformation
Finally, Ahsan Iqbal said Pakistan needs a sustained 10 to 15-year effort to achieve meaningful economic change.
He added that short-term measures cannot deliver lasting results. Instead, he called for a long-term national commitment focused on exports, investment, and institutional strength.
