ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday launched Pakistan’s five-year homegrown National Economic Plan, targeting an annual investment goal of $10 billion as the country seeks to recover from a prolonged macroeconomic crisis.
Pakistan has faced a series of economic challenges in recent years, including a balance-of-payments crisis, dwindling foreign exchange reserves and a depreciating national currency. The new plan, titled “Uraan Pakistan,” or “Fly Pakistan,” aims to transition the country from its current macroeconomic stability to sustainable growth.
In July, Federal Minister for Planning Ahsan Iqbal announced the plan would be based on the 5Es framework — exports, energy, economic growth, education and equality — to foster stability and lay the groundwork for Pakistan’s future growth.
Speaking at the launch ceremony in Islamabad, Sharif emphasized that the government’s role was to promote business opportunities in the private sector and serve as a catalyst for economic progress.
“I want to tell you that our goal of investment will be $10 billion yearly,” Sharif said, urging the country’s affluent classes to also chip in and make sacrifices for the country.
Emphasizing the need to develop a strategy for an industrial and agricultural framework, he said the government must create a mechanism that drives people toward export-led growth.
“What we need is export-led growth,” he noted. “You have to create an environment for exports and also give incentives.”
The prime minister said the dollars needed to repay the country’s debt could only be earned through increased exports, urging people to withdraw money from banks amid declining interest rates to invest in the industrial and agricultural framework to boost exports and create productive employment.
He highlighted that Pakistan’s exports had grown by 11 percent, remittances by 24 percent and IT exports by 34 percent in the past five months.
Terming export-led growth as the pivot of “Uraan Pakistan,” he said tax reduction in the IT sector had helped the country strengthen digital economy.
Earlier, Finance Minister Muhammad Aurangzeb told the gathering that the economic plan stood on a handful of pillars.
“Firstly, our growth will be driven by exports to avoid the boom-bust cycles we have experienced in recent years,” he maintained. “Secondly, the private sector must take the lead in driving the country’s progress.”
Pakistan agreed to a 37-month, $7 billion bailout program from the International Monetary Fund (IMF) this year, promising the lender economic reforms in exchange. These reforms include increasing the tax base, regulating the energy sector and privatizing loss-making state-owned enterprises.
Aurangzeb hoped the five-year plan would put Pakistan on an upward economic trajectory in the next two to three years to ensure that this becomes the last IMF program the country would ever have to resorts to.
Pakistan is working actively to collaborate with regional allies in trade, defense, agriculture and other key sectors of the economy to attract foreign investment and brighten its economic prospects.
It has also enhanced bilateral trade and investment ties with close allies like Saudi Arabia, the United Arab Emirates, Russia, Central Asian states and other Gulf countries.
Last year, the country was on the verge of a sovereign debt default before Islamabad managed to clinch a last-gasp $3 billion IMF bailout to helped its economy stay afloat.
Pakistan’s finance minister has repeatedly said the country needs to undertake stringent economic reforms and develop itself as an export-led economy to achieve sustainable growth.
Pakistan unveils National Economic Plan with $10 billion annual investment target
https://arab.news/w9ye3
Pakistan unveils National Economic Plan with $10 billion annual investment target
- PM Sharif emphasizes to adopt mechanisms driving the country to export-led growth
- Pakistan has grappled with economic crises that brought it close to default last year
‘Look ahead or look up?’: Pakistan’s police face new challenge as militants take to drone warfare
- Officials say militants are using weapons and equipment left behind after allied forces withdrew from Afghanistan
- Police in northwest Pakistan say electronic jammers have helped repel more than 300 drone attacks since mid-2025
BANNU, Pakistan: On a quiet morning last July, Constable Hazrat Ali had just finished his prayers at the Miryan police station in Pakistan’s volatile northwest when the shouting began.
His colleagues in Bannu district spotted a small speck in the sky. Before Ali could take cover, an explosion tore through the compound behind him. It was not a mortar or a suicide vest, but an improvised explosive dropped from a drone.
“Now should we look ahead or look up [to sky]?” said Ali, who was wounded again in a second drone strike during an operation against militants last month. He still carries shrapnel scars on his back, hand and foot, physical reminders of how the battlefield has shifted upward.
For police in the northwestern Khyber Pakhtunkhwa (KP) province, the fight against militancy has become a three-dimensional conflict. Pakistani officials say armed groups, including the Tehreek-e-Taliban Pakistan (TTP), are increasingly deploying commercial drones modified to drop explosives, alongside other weapons they say were acquired after the US military withdrawal from neighboring Afghanistan.
Security analysts say the trend mirrors a wider global pattern, where low-cost, commercially available drones are being repurposed by non-state actors from the Middle East to Eastern Europe, challenging traditional policing and counterinsurgency tactics.
The escalation comes as militant violence has surged across Pakistan. Islamabad-based Pakistan Institute for Conflict and Security Studies (PICSS) reported a 73 percent rise in combat-related deaths in 2025, with fatalities climbing to 3,387 from 1,950 a year earlier. Militants have increasingly shifted operations from northern tribal belts to southern KP districts such as Bannu, Lakki Marwat and Dera Ismail Khan.
“Bannu is an important town of southern KP, and we are feeling the heat,” said Sajjad Khan, the region’s police chief. “There has been an enormous increase in the number of incidents of terrorism… It is a mix of local militants and Afghan militants.”
In 2025 alone, Bannu police recorded 134 attacks on stations, checkpoints and personnel. At least 27 police officers were killed, while authorities say 53 militants died in the clashes. Many assaults involved coordinated, multi-pronged attacks using heavy weapons.
Drones have also added a new layer of danger. What began as reconnaissance tools have been weaponized with improvised devices that rely on gravity rather than guidance systems.
“Earlier, they used to drop [explosives] in bottles. After that, they started cutting pipes for this purpose,” said Jamshed Khan, head of the regional bomb disposal unit. “Now we have encountered a new type: a pistol hand grenade.”
When dropped from above, he explained, a metal pin ignites the charge on impact.
Deputy Superintendent of Police Raza Khan, who narrowly survived a drone strike during construction at a checkpoint, described devices packed with nails, bullets and metal fragments.
“They attach a shuttlecock-like piece on top. When they drop it from a height, its direction remains straight toward the ground,” he said.
TARGETING CIVILIANS
Officials say militants’ rapid adoption of drone technology has been fueled by access to equipment on informal markets, while police procurement remains slower.
“It is easy for militants to get such things,” Sajjad Khan said. “And for us, I mean, we have to go through certain process and procedures as per rules.”
That imbalance began to shift in mid-2025, when authorities deployed electronic anti-drone systems in the region. Before that, officers relied on snipers or improvised nets strung over police compounds.
“Initially, when we did not have that anti-drone system, their strikes were effective,” the police chief said, adding that more than 300 attempted drone attacks have since been repelled or electronically disrupted. “That was a decisive moment.”
Police say militants have also targeted civilians, killing nine people in drone attacks this year, often in communities accused of cooperating with authorities. Several police stations suffered structural damage.
Bannu’s location as a gateway between Pakistan and Afghanistan has made it a security flashpoint since colonial times. But officials say the aerial dimension of the conflict has placed unprecedented strain on local forces.
For constables like Hazrat Ali, new technology offers some protection, but resolve remains central.
“Nowadays, they have ammunition and all kinds of the most modern weapons. They also have large drones,” he said. “When we fight them, we fight with our courage and determination.”
