ISLAMABAD
\nCoordinator to the Prime Minister Rana Ihsan Afzal Khan Sunday expressed optimism about Pakistan\u2019s economic recovery, highlighting the government\u2019s initiatives that have boosted investor confidence, exporter confidence, and attracted foreign investment, paving the way for sustainable economic growth.
\nPakistan\u2019s economic recovery is gaining momentum, driven by strategic reforms and investments, he said in an exclusive talk with medial news.
\nPakistan\u2019s economy is showing promising signs of recovery, thanks to the government\u2019s strategic efforts, he said.
\nHe painted a positive picture of Pakistan\u2019s economic outlook and expressed confidence in the government\u2019s reform agenda, citing notable progress in tax stabilization, privatization and exporter\u2019 support.
\nPakistan is poised for significant economic growth, with a focus on resolving long-standing issues faced by manufacturers and exporters, he said, adding, the government is actively addressing refund issues and implementing strategies to boost exports. In fact, Pakistan has planned to raise its exports to $50 billion in five years, with an ambitious long-term target of $100 billion, he added.
\nRana Ihsan Afzal Khan emphasized that eliminating the non-filer category will have a positive impact on exporters, boosting Pakistan\u2019s economic growth. Coordinator to the Prime Minister also highlighted a significant shift in Pakistan\u2019s economy, adding, previously, investments were largely concentrated in the property sector, which did not contribute significantly to the country\u2019s economic growth.
\nHe mentioned that maintaining an exchange rate aligned with market rates is our priority to benefit exporters. Responding a query, he said the government has committed to maintaining current tax rates in the budget, prioritizing sustainability over increases. This move aims to promote economic stability and growth, while also ensuring that the tax system remains fair and efficient, he added.
\nTo another query, he said Pakistan International Airlines (PIA) is undergoing a significant transformation through privatization, with the government seeking investors for a majority stake. This move aims to revitalize the airline, addressing its financial struggles and operational inefficiencies, he added.
\nThe privatization process is expected to attract both local and international investors, particularly from the Middle East, Asia, and Europe, he mentioned. Rana Ihsan have also shed light on Pakistan\u2019s economic prospects that by implementing non-filer restrictions, the government aims to encourage more citizens to file taxes, ultimately boosting the economy.
\nKhan expressed confidence that Pakistan\u2019s economic reforms are yielding positive outcomes, demonstrating the government\u2019s commitment to sustainable growth. Rana Ihsan Afzal Khan also expressed gratitude to the Pakistan Army for their coordination efforts in supporting the government\u2019s economic revival initiatives.<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD Coordinator to the Prime Minister Rana Ihsan Afzal Khan Sunday expressed optimism about Pakistan\u2019s economic recovery, highlighting the government\u2019s initiatives that have boosted investor confidence, exporter confidence, and attracted foreign investment, paving the way for sustainable economic growth. Pakistan\u2019s economic recovery is gaining momentum, driven by strategic reforms and investments, he said in an …<\/p>\n","protected":false},"author":4,"featured_media":66767,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-71183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/71183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=71183"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/71183\/revisions"}],"predecessor-version":[{"id":71200,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/71183\/revisions\/71200"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/66767"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=71183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=71183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=71183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}