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Saturday, February 28, 2026

Pakistan Targets Permanent IMF Exit with Export-Led Growth Strategy

Pakistan has outlined an ambitious roadmap to permanently exit reliance on International Monetary Fund (IMF) bailouts, signalling a shift toward long-term economic self-reliance driven by exports and structural reforms.

According to official planning targets, the government aims to increase Pakistan’s annual exports to $63 billion by 2029, positioning export-led growth as the cornerstone of macroeconomic stability. Policymakers believe sustained export expansion, combined with fiscal discipline, will reduce balance-of-payments pressures that have historically forced repeated IMF interventions.

The strategy places strong emphasis on fixing structural gaps within the economy – including energy sector inefficiencies, tax base expansion, state-owned enterprise reforms, and improving industrial productivity. These measures are designed to strengthen competitiveness and create a more resilient economic framework capable of withstanding external shocks.

Officials have also highlighted the need to diversify export markets and move beyond low-value goods, focusing instead on higher-value manufacturing, technology services, agriculture value-addition, and regional trade integration.

While acknowledging that the transition will require consistent policy implementation and political continuity, the government maintains that the current IMF programme should serve as a stabilisation bridge, not a recurring cycle.

If successfully executed, the plan could mark a turning point in Pakistan’s economic trajectory – shifting the country from crisis-management toward sustainable growth anchored in exports and structural reform.

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