WEB DESK: A top US-based newspaper has said in it’s report that Pakistan’s economy is growing fast and it is coming on track after a deep dip in the past.
According to a report by the US Daily “USA Today,” Pakistan’s economy is rapidly moving toward growth. The report revealed that strong economic reforms and innovation in the private sector have transformed Pakistan’s investment landscape.
The report further said that Pakistan is entering 2026 with stable institutional discipline, an improved macroeconomic environment, and strong leadership across key sectors.
As per the report, Pakistan’s banking sector has incorporated digital trends and is providing modern facilities to consumers. The report added that due to a stable energy supply, new opportunities are emerging in manufacturing, logistics, and export services, while the mining sector is becoming a fast-growing industry in the country.
“With more than 64% of its population under 30, Pakistan’s demographic profile is one of its most powerful economic drivers. Young consumers are digitally active and increasingly demanding efficient, technology-enabled services,” the newspaper added.
Emerging as a serious military power with battle-hardened armed forces, Pakistan earlier signed a multi-billion dollar deal to export conventional military equipment to Libya.
The agreement places Pakistan among a small group of global arms exporters.
According to Reuters, the deal exceeds $4 billion. It is one of Pakistan’s largest-ever defence export agreements and will contribute towards revival of country’s economy.
Pakistan, under the leadership of Prime Minister Shahbaz Sharif and Field Marshal Syed Asim Munir, has taken significant initiatives for the revival of our economy. Increase in exports is cornerstone of these initiatives.
The weapons will be supplied to the Libyan National Army and the agreement was finalised after a meeting in Benghazi.
The meeting involved Field Marshal Syed Asim Munir and Saddam Khalifa Haftar.Haftar is deputy commander-in-chief of the LNA.
According to sources, after the victory in Maark-e-Haq, a phenomenal interest is being seen in military hardware by our friendly countries which includes Libya.
Sources said the deal includes air, land and naval equipment. Delivery will be spread over nearly two and a half years.
Documents seen by Reuters mention JF-17 fighter jets. The aircraft is jointly developed by Pakistan and China. Super Mushak trainer aircraft are also part of the package.
