Uraan Pakistan, officially titled National Economic Transformation Plan 2024âÂÂ29, is a five-year economic strategy launched by Pakistani Prime Ministerâ¯Shehbazâ¯Sharif on 31 December 2024. It aims to drive sustainable growth and modernize Pakistan's economy through focused reforms and investments across critical sectors.
Pakistan has faced recurring macroeconomic instability, structural fiscal deficits, and weak export performance over several decades. In response, the government designed Uraan Pakistan around these challenges, intending to break the cycle of boom-and-bust growth.
The plan is oversee by the Ministry of Planning Development & Special Initiatives.
To improve Macroeconomic stabilization by reducing deficits, controlling inflation, and building foreign reserves. To Achieve Export-Led growth, double annual exports to around $60 billion by 2029âÂÂand reach $3 trillion GDP by 2047. Digital transformation of the country by boosting ICT exports, expanding freelancing, and establishing a âÂÂQuantum Valley.â Sustainable developments to address climate change, boost water and food security, and expand green-energy infrastructure. Focus on Social equity to improve health coverage, literacy, gender workforce participation, and reduce youth unemployment.
The plan is structured around five pillars, often referred to as the âÂÂ5 EsâÂÂ:
According to The Express Tribune, a total investment of Rsâ¯17â¯trillion has been earmarked, with Rsâ¯7â¯trillion from the federal government and Rsâ¯10â¯trillion from provincial budgets. This investment covers major infrastructure initiatives, including Rsâ¯33â¯b allocated for the Diamer-Bhasha Dam, QuettaâÂÂKarachi Highway, K-IV water project, and various motorways developments.
In the social sector, funding targets education and health, with Rsâ¯9â¯b for Danish Schools, Rsâ¯4.3â¯b for the PM Skills Program, Rsâ¯1â¯b to combat Hepatitisâ¯C, and Rsâ¯800â¯m dedicated to diabetes treatment.
Additionally, the plan advances PakistanâÂÂs technology landscape through the creation of Quantum Valley and national centres focused on nanotechnology and quantum computing, which are currently under development.
The National Economic Transformation Unit (NETU) was established to implement and monitor the plan, supported by a framework of KPIs, quarterly reviews, and public transparency.
The Ministry of Planning coordinates with provincial governments, multilateral partners (IMF, ADB, AIIB, World Bank), and private sector entities.
By midâÂÂ2025, key indicators showed early progress: inflation decreased from 11.8% to 3.5%, a current account surplus of ~$1.9â¯billion, remittances rose 31% to $31.2â¯b, and fiscal deficit narrowed from 3.7% to 2.6%. Government also streamlined the PSDP, dropping low-priority projects and reallocating funds more effectively.