Pakistan has launched a bold economic initiative, ‘Uraan Pakistan,’ which aims to transform the country into a $3 trillion economy by 2047.
Spearheaded by the Special Investment Facilitation Council (SIFC), the initiative introduces a five-year economic strategy focusing on exports, digital transformation, and sustainability.
A vision for economic transformation
The plan seeks to empower Pakistan’s youth through education and digital advancements, ensuring they play a key role in economic progress. The China-Pakistan Economic Corridor (CPEC) has been identified as a key pillar of this strategy.
Key focus areas under ‘Uraan Pakistan’
The initiative is structured around the Five-E Framework, emphasizing:
- Exports – Enhancing trade and global market reach
- E-Pakistan – Promoting freelancing, AI, and digital economy
- Climate Change – Reducing greenhouse gas emissions by 50%
- Energy & Infrastructure – Expanding clean energy and modernizing infrastructure
- Equality – Ensuring inclusive economic growth
Roadmap for success
To drive this transformation, a National Economic Transformation Unit has been established to oversee progress, ensure accountability, and ensure effective implementation. The plan also prioritises expanding cultivable land and improving water storage capacity to support sustainable development.
As Pakistan moves towards this ambitious goal, the initiative promises to position the country as a global techno-economic hub through AI and freelancing, setting the stage for long-term prosperity.
