Pakistan’s government is setting an ambitious goal to increase the nation’s exports to $60 billion over the next 3 to 5 years. Finance Minister Muhammad Aurangzeb highlighted this target in a recent interview, emphasizing significant economic reforms. These include reducing inflation, cutting interest rates, and speeding up privatization processes to strengthen foreign exchange reserves.
The government also plans to reduce losses in state-owned enterprises through right-sizing, ultimately reducing public spending. This is expected to contribute to Pakistan’s broader goal of fostering sustainable growth, improving fiscal discipline, and boosting exports. Efforts to enhance regional trade are also expected to play a crucial role in achieving this target, positioning Pakistan as a stronger player in global commerce
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