URAAN Pakistan Formulates Blueprint for Economic Transformation 2024–29

Pakistan marks a pivotal moment with the launch of URAAN Pakistan, the National Economic Transformation Plan (2024–29), officially introduced on December 31, 2024. Prime Minister Shehbaz Sharif described it as a historic turning point and applauded the decisive measures taken by his government and coalition partners over the past two years to stabilize the economy. Notable achievements include slashing inflation from 38% to 4%, reducing the policy rate from 24% to 13%, and propelling the stock market from 30,000 to over 115,000 points. Exports, remittances, and IT exports surged by roughly 30–34%.
Central to the initiative is the five year strategy built around the 5Es Framework: Exports, E Pakistan (digital transformation), Energy & Infrastructure, Environment, and Equity & Empowerment. This structured approach aims to revive macroeconomic stability, double annual export earnings to ~$60 billion by FY2029, and ultimately escalate Pakistan’s gross domestic product to $1 trillion by 2035 and $3 trillion by 2047. The plan promises investments totaling nearly Rs 17 trillion, spanning high-impact infrastructure, education, health, and green energy projects
To mobilize Pakistan’s youth and diaspora, the government introduced two flagship initiatives under URAAN: a Diaspora Engagement Program inviting overseas Pakistani students to participate in national policymaking, and a Summer Youth Internship Program offering practical government exposure. A “Champions of Reform” platform will also engage high-performing British Pakistanis in sector specific projects. Through these measures, every skilled Pakistani whether in Pakistan or abroad gets an opportunity to contribute to the nation’s economic resurgence.