Ahsan Iqbal Reveals Trick to Grow Economy

Federal Minister for Planning, Development, and Special Initiatives Ahsan Iqbal has declared that exports are a matter of "life and death" for Pakistan, saying the country cannot achieve sustainable expansion by relying on debt.

Key points

• During the session, Yingming Yang invited Ahsan Iqbal to lead Pakistan's delegation to the 25th CAREC Ministerial Conference, scheduled for September 29-30, 2026, in Ulaanbaatar, Mongolia.
• He additionally described Pakistan's economic progress between 2022 and 2026 as a potential case study for other developing economies.
• Ahsan Iqbal asked ADB to backing Pakistan in developing an export strategy, similar to the technical assistance provided by the bank during the Vision 2010 initiative.
• Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.
• Senate Panel Tells Govt To Halt IMF Backed Phaseout of Economic Zones.

"Stabilization will only be true stabilization when it is not on the back of debt. Only exports can offer us the legs to grow, " the minister stated.

Speaking at a high-level session with Asian Development Bank (ADB) Vice President Yingming Yang in Islamabad on September 3, Ahsan Iqbal stated Pakistan's economic stabilization would only be meaningful if it was backed by stronger exports.

He pressed ADB's technical assistance and international expertise to assist Pakistan develop a strategic roadmap for expanding and diversifying its exports.

For context, the session focused on ADB's ongoing backing for Pakistan's development agenda under the URAAN Pakistan framework. Ahsan Iqbal Wants ADB Support to Boost Exports.

He remarked the administration intends to transform Pakistan into a $1 trillion economy by 2035 and highlighted Prime Minister Shehbaz Sharif's commitment to removing structural barriers to economic expansion.

While economic diplomacy should additionally be employed to expand international trade, the minister remarked reforms are needed throughout key sectors, including industry, food security, commerce, and foreign affairs.

Notably, the session additionally covered climate adaptation and water security as Pakistan faces increasingly severe and unpredictable rainfall.

Ahsan Iqbal pressed the ADB to assist develop localized water management infrastructure, including small dams, reservoirs, and retention ponds.

He remarked such infrastructure could assist store rainwater, reduce pressure on cities, backing agriculture, and improve Pakistan's water security. The minister additionally highlighted the challenge of sudden transboundary water inflows. ADB Asked to Support Protect Gilgit-Baltistan.

Ahsan Iqbal additionally sought ADB's technical assistance to develop a sustainable tourism management framework for Gilgit-Baltistan.

He remarked the region's fragile environment needs to be protected as the number of tourists continues to rise.

During the session, Yingming Yang invited Ahsan Iqbal to lead Pakistan's delegation to the 25th CAREC Ministerial Conference, scheduled for September 29-30, 2026, in Ulaanbaatar, Mongolia. The minister accepted the invitation. Pakistan Asks ADB For More Funding For $10 Billion ML-1 Project.

For context, the ADB vice president reaffirmed the bank's backing for Pakistan's priorities under URAAN Pakistan, including institution building, climate resilience, and long-term sustainable economic expansion. Stay Connected with ProPakistani.

Obtain the latest business news, market insights, and economic updates wherever you prefer. Follow on Google Discover.

Add as a preferredSource on Google Follow on Google News Join WhatsApp.

In short, ahsan Iqbal Reveals Trick to Grow Economy is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.