ISLAMABAD, PAKISTAN: Finance Minister Muhammad Aurangzeb expressed strong optimism about Pakistan’s economic outlook, declaring that the country’s economy is now “in a good spot” following a series of stabilizing measures and global confidence in the nation’s fiscal direction.
Speaking at the second edition of the Pakistan International Maritime Expo & Conference 2025 in Karachi, the minister stated that Pakistan is finally transitioning from crisis management to sustainable growth. He attributed this shift to consistent fiscal reforms, improving external accounts, and increased investor confidence supported by international institutions.
Aurangzeb highlighted that global rating agencies have shown a more stable outlook for Pakistan, while the International Monetary Fund’s (IMF) recent agreement has further validated the country’s reform-driven approach. He asserted that Pakistan’s economic fundamentals are strengthening, paving the way for growth-oriented policies and long-term resilience.
The finance minister also discussed Pakistan’s untapped economic potential, estimating that the country’s real GDP capacity could rise from the current $411 billion to over $3 trillion if key sectors are developed strategically. Among these, he pointed to the “blue economy” as a major opportunity, saying the sector—currently contributing about 0.5% of GDP—could easily double seafood exports to $2 billion within the next few years.
Aurangzeb emphasized the government’s focus on enhancing logistics, digital infrastructure, renewable energy, and trade facilitation to support sustainable growth. He maintained that consistency in policy execution and transparency in governance would be the cornerstone of Pakistan’s economic revival.
Despite the optimism, experts warn that challenges such as low investment-to-GDP ratio, slow structural reforms, and inflationary pressures still pose hurdles. However, the government’s confident tone signals a new phase of reform momentum aimed at transforming Pakistan’s economy into a more competitive and resilient one.
This story has been reported by PakTribune. All rights reserved.