Thursday, June 13

Professor Ahsan Iqbal, the federal minister of planning, outlines the government’s priorities and its outlook for economic development

Professor Ahsan Iqbal, the federal minister of planning, outlines the government’s priorities and its outlook for economic development

Professor Ahsan Iqbal, the federal minister of planning, outlines the government's priorities and its outlook for economic development

Federal Minister Prof. Ahsan Iqbal gave a media briefing after formally taking over the role of the Ministry of Planning and Development. In it, he clarified the government’s agenda and outlined a thorough plan for the future of the country’s economy. Minister Ahsan Iqbal stressed in his address how crucial political stability and ongoing policies are to the nation’s progress.

Speaking about the next priority action plan, Minister Ahsan Iqbal detailed 𝒂 𝒄𝒐𝒏𝒄𝒓𝒆𝒕𝒆 𝒔𝒕𝒓𝒂𝒕𝒆𝒈𝒚 𝒕𝒐 𝒈𝒆𝒏𝒆𝒓𝒂𝒕𝒆 𝒆𝒎𝒑𝒍𝒐𝒚𝒎𝒆𝒏𝒕 𝒐𝒑𝒑𝒐𝒓𝒕𝒖𝒏𝒊𝒕𝒊𝒆𝒔 𝒕𝒉𝒓𝒐𝒖𝒈𝒉 𝒎𝒆𝒕𝒊𝒄𝒖𝒍𝒐𝒖𝒔 𝒑𝒍𝒂𝒏𝒏𝒊𝒏𝒈. In order to provide the groundwork for a thriving future, he emphasised the necessity of developing new infrastructure over the next ten years. Highlighting the need of integrating technology into many sectors, Minister Ahsan Iqbal highlighted the government’s 𝒄𝒐𝒎𝒎𝒊𝒕𝒎𝒆𝒏𝒕 𝒕𝒐 𝒃𝒓𝒊𝒏𝒈𝒊𝒏𝒈 𝒂𝒅𝒗𝒂𝒏𝒄𝒆𝒎𝒆𝒏𝒕𝒔 𝒊𝒏 𝒂𝒈𝒓𝒊𝒄𝒖𝒍𝒕𝒖𝒓𝒆, 𝒊𝒏𝒅𝒖𝒔𝒕𝒓𝒚, 𝒂𝒏𝒅 𝒑𝒓𝒐𝒅𝒖𝒄𝒕𝒊𝒐𝒏 𝒑𝒓𝒐𝒄𝒆𝒔𝒔𝒆𝒔. He thinks that in order to achieve both national economic progress and global competitiveness, this is essential.
Speaking about the nation’s present issue with inherited debt, Minister Ahsan Iqbal bemoaned the weight that Pakistan had to bear from earlier administrations. He still expressed faith in the government’s capacity to surmount challenges and steer the country in the direction of economic stability.

In his speech, Minister Ahsan Iqbal announced the establishment of five new corridors in the second phase for the following categories: 𝒕𝒉𝒆 𝒇𝒖𝒎𝒖𝒓𝒆 𝒐𝒇 𝒕𝒉𝒆𝒏𝒂-𝑷𝒂𝒌𝒊𝒔𝒖𝒂𝒏 𝑬𝒄𝒐𝒏𝒫𝒊𝒄 𝑪𝒐𝒓𝒓𝒌𝒊𝒊𝒁 𝑪𝒐𝒓𝒓𝒏𝒫𝒍 (𝑪𝑷𝑬𝑪). A new age of collaboration and economic success is expected to be ushered in by these corridors, which include the Corridore of Growth, the Corridore of Job Creation, the Corridore of Innovation, the Corridore of Green Energy, and the Corridore of Inclusive Regional Development. Minister Ahsan Iqbal concluded by stressing that Pakistan’s future depends on the expansion of critical industries, including services, manufacturing, and agriculture, as well as the uptake of cutting-edge technology. 𝑻𝒉𝒆 𝒂𝒎𝒃𝒊𝒕𝒊𝒐𝒖𝒔 𝒈𝒐𝒂𝒍 𝒊𝒔 𝒕𝒐 𝒕𝒓𝒂𝒏𝒔𝒇𝒐𝒓𝒎 𝑷𝒂𝒌𝒊𝒔𝒕𝒂𝒏 𝒊𝒏𝒕𝒐 𝒂 $100 𝒃𝒊𝒍𝒍𝒊𝒐𝒏 𝒆𝒙𝒑𝒐𝒓𝒕-𝒐𝒓𝒊𝒆𝒏𝒕𝒆𝒅 𝒆𝒄𝒐𝒏𝒐𝒎𝒚 𝒘𝒊𝒕𝒉𝒊𝒏 𝒕𝒉𝒆 𝒏𝒆𝒙𝒕 𝒔𝒆𝒗𝒆𝒏 𝒕𝒐 𝒆𝒊𝒈𝒉𝒕 𝒚𝒆𝒂𝒓𝒔, marking a key period in the nation’s history.

Editor: Raja Kamran