Prime Minister Shehbaz Sharif has given the green light to the Uraan Pakistan National Economic Transformation Plan 2024-2029 β a visionary roadmap to drive Pakistan towards a $1 trillion economy by 2035. The plan sets ambitious targets for economic growth, education, exports, and infrastructure, promising a brighter, more prosperous future for the country.
Letβs break down what this transformative plan means for Pakistan!
π Key Objectives of the Uraan Plan
The Uraan Plan focuses on critical areas to achieve rapid and sustainable growth. Hereβs what the government aims to accomplish by 2029:
- 9.8% Annual Economic Growth: Accelerating from the current $374 billion to $1 trillion by 2035.
- 70% Literacy Rate: Expanding access to education and increasing literacy nationwide.
- 13% Poverty Reduction: Improving living standards and reducing poverty rates.
- $60 Billion in Exports: Enhancing international trade and competitiveness.
- $5 Billion Annual IT Exports: Fostering innovation and digital services.
- 100 Software Technology Parks: Creating hubs for tech innovation and startups.
ποΈ Boosting Infrastructure and Innovation
The Uraan Plan isnβt just about numbers β itβs about building a modern, resilient nation. The focus areas include:
- π Transport Infrastructure: A multi-billion-dollar railway upgrade funded by China.
- π οΈ Tackling Circular Debt & Subsidies: Addressing systemic economic issues for long-term stability.
- π³ Green Growth: Reducing greenhouse gas emissions to promote a cleaner environment.
π Why This Matters for Pakistan
The Uraan Plan is more than just an economic strategy; it’s a commitment to improving the lives of millions. By investing in education, technology, and infrastructure, Pakistan aims to:
- Empower Youth: Through better education and job opportunities.
- Boost Innovation: By supporting tech exports and startups.
- Enhance Quality of Life: By reducing poverty and improving infrastructure.
π A Promising Future for Pakistan
As the plan launches this Friday, all eyes are on the potential for transformation. The Uraan Pakistan Plan 2024-2029 offers a clear path to progress, ensuring Pakistanβs place as a growing economic power.