ISLAMABAD:(APS)Jan 16,2016-Planning Minister Ahsan Iqbal says efforts are afoot under Vision 2025 to make Pakistan the 25th largest economy of the world in the next ten years.
Addressing the three-day Pakistan Coating Show in Lahore on Saturday, he said the export sector has the key role to achieve this goal.
He said the private sector is the key for progress and without its active participation, all the economic development projects will remain incomplete.
The Minister said the China-Pakistan Economic Corridor project is a splendid gift and its successful completion will make Pakistan’s development irreversible.
He said Prime Minister Muhammad Nawaz Sharif has already declared CPEC the project of the entire nation and assured that people of all the provinces will benefit from projects under CPEC.
Ahsan Iqbal assured that the western provinces, including Khyber Pakhtunkhwa and Balochistan, will not be deprived of the fruit of the CPEC projects.
He said the project will prove a game-changer and transform Pakistan into an economic hub for Afghanistan, Central Asian states and China.
The Federal Minister said 2016 has been declared as ‘Year of Productivity, Quality and Innovation,’ and a comprehensive awareness campaign will be launched with focus on these three factors.
He the PML-N government increased the Higher Education Commission budget from 48 billion rupees to 78 billion rupees to equip the youth with education and skills.
Speaking about economic turnaround, the Minister said Pakistan’s foreign exchange reserves have touched the record high of 21 billion dollars from the lowest level of six billion dollars two years back.