LIVE Watch Now Punjabi News Channel from Pakistan
Breaking
Karachi set for isolated thunderstorms and light rainUS Nominates New Ambassador to Saudi Arabia Amid Regional TensionsCar sales and production surge in first two months of FY2026-27PESCO recovers Rs2.4m in anti-power theft raidsPakistani Athletes Excel in International TriathlonsWateen Launches Smart Solar Solutions for BusinessesChina’s robot industry shifts focus to mass production and reliabilityPakistan Launches Open-Source Education Data PlatformApple Launches iCloud+ in Pakistan with Apple TV and ArcadeNew Taxes Halt Surgical Services Under Sehat Sahulat ProgramAhsan Iqbal Outlines Ambitious $1 Trillion Economy Plan for PakistanExpert warns against viewing French far-right as inevitableUoM launches 5th Digital Pakistan Cybersecurity HackathonPractical Magic 2 Dominates U.K. and Ireland Box OfficeCDA Teams Deployed to Clear Waterlogging in IslamabadPakistan Post to Procure 1,691 Mobile Sets for Improved ServiceDPM and IAEA DG agree on importance of Islamabad MoUChina imposes travel restrictions to safeguard national securityBCCI official clarifies India’s refusal to accept Asia Cup trophy from NaqviFBR Extends Sales Tax Exemptions for Aircraft Imports to All AirlinesKarachi set for isolated thunderstorms and light rainUS Nominates New Ambassador to Saudi Arabia Amid Regional TensionsCar sales and production surge in first two months of FY2026-27PESCO recovers Rs2.4m in anti-power theft raidsPakistani Athletes Excel in International TriathlonsWateen Launches Smart Solar Solutions for BusinessesChina’s robot industry shifts focus to mass production and reliabilityPakistan Launches Open-Source Education Data PlatformApple Launches iCloud+ in Pakistan with Apple TV and ArcadeNew Taxes Halt Surgical Services Under Sehat Sahulat ProgramAhsan Iqbal Outlines Ambitious $1 Trillion Economy Plan for PakistanExpert warns against viewing French far-right as inevitableUoM launches 5th Digital Pakistan Cybersecurity HackathonPractical Magic 2 Dominates U.K. and Ireland Box OfficeCDA Teams Deployed to Clear Waterlogging in IslamabadPakistan Post to Procure 1,691 Mobile Sets for Improved ServiceDPM and IAEA DG agree on importance of Islamabad MoUChina imposes travel restrictions to safeguard national securityBCCI official clarifies India’s refusal to accept Asia Cup trophy from NaqviFBR Extends Sales Tax Exemptions for Aircraft Imports to All Airlines
◕ SundialUpdated 1 day ago
Trending
Business

Ahsan Iqbal Outlines Ambitious $1 Trillion Economy Plan for Pakistan

Federal Minister Ahsan Iqbal outlines ambitious economic goals for Pakistan, focusing on digital transformation and regional connectivity.

Add Sun News on Google News
Ahsan Iqbal Outlines Ambitious  Trillion Economy Plan for Pakistan
Minister Ahsan Iqbal addresses the 2026 Shanghai Cooperation Organization Digital Economy Forum, highlighting Pakistan's digital transformation and economic amb

Key Takeaways

  • Federal Minister Ahsan Iqbal sets $1 trillion economy target by 2035.
  • Pakistan's IT and ICT exports reached $4.6 billion in the last fiscal year.
  • Government focuses on digital transformation, AI, and regional connectivity.

Federal Minister for Planning and Development Ahsan Iqbal has outlined an ambitious $1 trillion economy target for Pakistan by 2035, emphasizing the role of digital transformation and innovation.

In his address at the 2026 Shanghai Cooperation Organization Digital Economy Forum in Urumqi, Iqbal highlighted that Pakistan's IT and ICT exports reached a record $4.6 billion in the last fiscal year, marking significant progress in the country's digital economy.

Under the Uraan Pakistan programme, the government is focusing on exports, production, innovation, investment, and human resources to achieve the $1 trillion economy goal. The minister stated that the digital economy is part of a broader economic transformation agenda.

AdvertisementFollow Sun NewsWatch Live

Iqbal reported that the number of digital users in Pakistan has exceeded 150 million, with data usage increasing by 25 percent over the past two years. Fiber connections have increased from around 3 million to more than 5 million, and the government aims to expand wired broadband access to 10 million households.

The minister noted that the gender gap in mobile internet use has narrowed from 35 percent to 8 percent, with women’s mobile internet usage increasing from 33 percent to 45 percent. He stressed that digital development must be economically effective and socially fair, particularly for women.

Pakistan’s next digital economy target is not limited to exporting services. The country aims to promote technology products, digital platforms, and technology-based industries. Iqbal described E Pakistan, one of the five key pillars of Uraan Pakistan, as an important part of the country’s economic growth and digital transformation plans.

The government is expanding capabilities in artificial intelligence, cybersecurity, cloud computing, semiconductors, advanced manufacturing, and other emerging technologies. Seven artificial intelligence centers are being established to connect research, skills development, startups, and industry.

Cooperation between China and Pakistan under CPEC 2.0 is focused on five areas: development, employment, innovation, green energy, and regional connectivity. Pakistan has proposed practical measures in four priority areas under the Shanghai Cooperation Organization, including establishing a digital trade corridor to make cross-border trade faster, easier, and less expensive.

Iqbal emphasized that Pakistan’s geographic position makes it an important link between China, Central Asia, South Asia, and the Middle East. He stated, 'We must turn regional connectivity into regional competitiveness.' Digital technology can improve efficiency and development in agriculture, industry, mining, energy, and other sectors, he added.

We must turn regional connectivity into regional competitiveness.

Ahsan Iqbal, Federal Minister for Planning and Development