Minister Calls for Pharma Export Boost to $10 Billion by 2035

Federal Minister for Planning, Development and Special Initiatives, Ahsan Iqbal, has called for a one-month industry-wide consultation to create a roadmap for Pakistan's pharmaceutical sector. The goal is to transform it into a globally export-oriented industry, targeting an increase in exports from the current $457 million to $10 billion within eight years, contributing to the national ambition of $100 billion in total exports by 2035. The consultation will identify reforms, government support, and address regulatory and market-access barriers. This long-term focus on export growth could positively influence Pakistan's overall economic stability, potentially supporting the PKR in the long run, though its immediate impact on gold or currency rates is limited.

بحوالہ / Source: www.brecorder.com