UAE: Pakistan outlines vision to reach $1 trillion economy in Dubai

  • 1 год назад

According to World Bank figures, Pakistan’s GDP stood at $338 billion in economy, mainly driven by agriculture, construction, IT and others

Pakistan aims to grow its economy into $1 trillion over the next 10 years, said Ahsan Iqbal, Pakistan’s federal minister for planning, development and special initiatives, in Dubai.

Speaking during a reception held in Dubai to commemorate Pakistan’s National Day in Dubai, Iqbal outlined the government’s ambitious economic vision under the Urran Pakistan initiative, aimed at transforming Pakistan into a $1 trillion economy by 2035.

He pointed out that Pakistan’s young population, strategic location, untapped resources, and reforms that are positioning the country as a regional hub for trade and innovation. Investment will play a key role in reaching the $1 trillion economy milestone.

According to World Bank figures, Pakistan’s GDP stood at $338 billion in economy, mainly driven by agriculture, construction, IT and others.

The International Monetary Fund projected that Pakistan’s economy would grow at a steady pace of 2.6 per cent in 2025, almost similar to last year (2.5 per cent). It forecasted faster growth at 3.6 per cent for 2026.

Addressing the gathering, Hussain Muhammad, Consul General at the Pakistan consulate in Dubai, highlighted the significance of the Pakistan Resolution as the foundation of a resilient, diverse, and forward-looking nation.

He invited global partners to explore the vast opportunities available in Pakistan across key sectors such as energy, IT, agriculture, minerals and tourism.

The consul-general also emphasised the deep-rooted and historic ties between Pakistan and the UAE, acknowledging the visionary leadership of the UAE’s founding father, the late Sheikh Zayed bin Sultan Al Nahyan.

He paid tribute to the over 1.7 million-strong Pakistani diaspora in the UAE, describing them as a vibrant bridge between the two nations, and expressed gratitude to the UAE leadership for their continued support and friendship.

A special highlight of the evening was the presentation of the book “Sheikh Zayed: The Builder of the Nation”, recently launched in Abu Dhabi.

Authored by Khan Zaman Saroor, a senior and long-standing member of the Pakistani community in the UAE, the book is a heartfelt tribute to the late Sheikh Zayed.

Khalid Muhammad Al-Kaabi from the Ministry of Foreign Affairs, Dubai Office, graced the occasion as the chief guest. Faisal Niaz Tirmizi, Pakistan’s Envoy to the UAE, also attended the reception.

The highlight of the opening ceremony was a cultural performance by school children dressed in traditional Pakistani and Emirati attire, who performed on the national anthems of both countries, symbolising the enduring bond between Pakistan and the UAE.

Источник: Khaleej Time

Published: 2 May 2025

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