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    <title>Aaj TV English News - Pakistan</title>
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    <pubDate>Mon, 06 Apr 2026 02:57:39 +0500</pubDate>
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      <title>Pakistan aims to boost exports to $60 billion in five years: finance minister</title>
      <link>https://english.aaj.tv/news/330403471/pakistan-aims-to-boost-exports-to-60-billion-in-five-years-finance-minister</link>
      <description>&lt;p&gt;&lt;strong&gt;Pakistan’s Finance Minister Muhammad Aurangzeb has announced the government’s ambitious target to double the country’s exports from $30 billion to $60 billion within the next three to five years.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;Speaking in an interview with &lt;em&gt;Bloomberg&lt;/em&gt;, he highlighted key economic reforms undertaken to stabilise the economy.&lt;/p&gt;
&lt;p&gt;The minister emphasised that critical policy decisions over the past 12 to 14 months have helped control inflation and reduce interest rates.&lt;/p&gt;
&lt;p&gt;He stated that efforts are underway to strengthen foreign exchange reserves and accelerate the privatisation process to provide further economic stability.&lt;/p&gt;
&lt;p&gt;Aurangzeb revealed that the government is implementing a “right-sizing” strategy to reduce losses in state-owned enterprises, which will significantly cut public expenditures.&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Also, read this&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&lt;a href="https://english.aaj.tv/news/330395296/pakistan-becomes-third-largest-exporter-of-sesame-in-the-world"&gt;Pakistan becomes third largest exporter of sesame in the world&lt;/a&gt;&lt;/p&gt;
&lt;p&gt;&lt;a href="https://english.aaj.tv/news/330385973/pakistans-textile-exports-hit-26-month-high"&gt;Pakistan’s textile exports hit 26-month high&lt;/a&gt;&lt;/p&gt;
&lt;p&gt;&lt;a href="https://english.aaj.tv/news/330397897/pakistan-seeks-joint-ventures-secondary-listings-in-hong-kong"&gt;Pakistan seeks joint ventures, secondary listings in Hong Kong&lt;/a&gt;&lt;/p&gt;
&lt;p&gt;He underscored Prime Minister Shehbaz Sharif’s vision of ensuring sustainable and stable economic growth, prioritising public welfare by curbing unnecessary government spending.&lt;/p&gt;
&lt;p&gt;The finance minister further claimed that the government has successfully overcome twin deficits, achieving a surplus in both the current account and fiscal balance.&lt;/p&gt;
&lt;p&gt;He stressed that Pakistan has the potential to play a pivotal role in regional trade, and efforts are being made to expand the country’s trade partnerships.&lt;/p&gt;
&lt;p&gt;Increased regional trade, he noted, will lead to a significant boost in Pakistan’s exports, signalling a positive outlook for the national economy.&lt;/p&gt;
&lt;p&gt;The government’s broader strategy focuses on economic stabilization, export growth, and improved fiscal discipline — key measures aimed at strengthening Pakistan’s position in the global economy.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>Pakistan’s Finance Minister Muhammad Aurangzeb has announced the government’s ambitious target to double the country’s exports from $30 billion to $60 billion within the next three to five years.</strong></p>
<p>Speaking in an interview with <em>Bloomberg</em>, he highlighted key economic reforms undertaken to stabilise the economy.</p>
<p>The minister emphasised that critical policy decisions over the past 12 to 14 months have helped control inflation and reduce interest rates.</p>
<p>He stated that efforts are underway to strengthen foreign exchange reserves and accelerate the privatisation process to provide further economic stability.</p>
<p>Aurangzeb revealed that the government is implementing a “right-sizing” strategy to reduce losses in state-owned enterprises, which will significantly cut public expenditures.</p>
<p><strong>Also, read this</strong></p>
<p><a href="https://english.aaj.tv/news/330395296/pakistan-becomes-third-largest-exporter-of-sesame-in-the-world">Pakistan becomes third largest exporter of sesame in the world</a></p>
<p><a href="https://english.aaj.tv/news/330385973/pakistans-textile-exports-hit-26-month-high">Pakistan’s textile exports hit 26-month high</a></p>
<p><a href="https://english.aaj.tv/news/330397897/pakistan-seeks-joint-ventures-secondary-listings-in-hong-kong">Pakistan seeks joint ventures, secondary listings in Hong Kong</a></p>
<p>He underscored Prime Minister Shehbaz Sharif’s vision of ensuring sustainable and stable economic growth, prioritising public welfare by curbing unnecessary government spending.</p>
<p>The finance minister further claimed that the government has successfully overcome twin deficits, achieving a surplus in both the current account and fiscal balance.</p>
<p>He stressed that Pakistan has the potential to play a pivotal role in regional trade, and efforts are being made to expand the country’s trade partnerships.</p>
<p>Increased regional trade, he noted, will lead to a significant boost in Pakistan’s exports, signalling a positive outlook for the national economy.</p>
<p>The government’s broader strategy focuses on economic stabilization, export growth, and improved fiscal discipline — key measures aimed at strengthening Pakistan’s position in the global economy.</p>
]]></content:encoded>
      <category>Pakistan</category>
      <guid>https://english.aaj.tv/news/330403471</guid>
      <pubDate>Tue, 18 Feb 2025 17:04:00 +0500</pubDate>
      <author>none@none.com (Web Desk)</author>
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