The incumbent coalition government at the federal level launched its National Economic Transformation Plan, better known as URAAN Pakistan, sometime back. Built around the 5Es Framework—Exports, Equity, E-Pakistan (Digital Transformation Initiative), Energy and Environment—the plan has been unveiled against the backdrop of persistent macroeconomic challenges over the past three years. While Pakistan’s economic history has been marked by volatility and recurring crises, the country still holds considerable untapped potential, particularly in its large and youthful population. Harnessing this human capital is critical to achieving high, inclusive and sustainable growth.

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The federal government, headed by Prime Minister Muhammad Shehbaz Sharif has consistently demonstrated its commitment to economic recovery through decisive actions and planning, though often criticised as impractical. The government intends to position Pakistan among Asia’s leading economies by advancing a strategy centred on credible policymaking, institutional reform and effective governance. URAAN Pakistan, based on the 5Es Framework, seeks to establish the foundations of a non-inflationary, productivity-led growth model that prioritises sustainability, inclusivity and resilience. Taken together, these efforts represent an agenda that looks beyond short-term fixes towards long-term economic........

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