Story perspectives
Pakistan's 'Uraan' Plan: Ambitious Growth Amidst Criticism
1/3/2025
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Story summary
- Prime Minister Shehbaz Sharif introduced the "Uraan Pakistan" plan, targeting a trillion-dollar economy by 2035 with a five-point agenda.
- The initiative aims for a 6% growth rate by 2028 and $60 billion in exports, yet lacks clear reforms and accountability.
- Critics highlight the plan's unrealistic nature without political stability and essential foundational reforms.
- Inflation in Pakistan fell to 4.07% in December 2024, the lowest in nearly seven years, but high real interest rates threaten recovery.
