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Pakistan Sets Export 'Emergency' Push With $60 Billion Target To Avert IMF Return

A Dar-led panel will deliver recommendations to the prime minister next week following briefings to top civilian and military leadership.

Overview

  • Planning Minister Ahsan Iqbal set goals to raise exports to $60 billion within four years and to $100 billion over a decade to reduce bailout dependence.
  • The government plans an export emergency featuring faster tax refunds for exporters and the removal of structural bottlenecks to improve competitiveness.
  • Iqbal warned that failure to lift exports would force Pakistan to seek help from friendly countries or return to the IMF, which provided a $7 billion programme in 2024.
  • The Planning Ministry says the newly formed committee led by Ishaq Dar is finalising an action plan for submission to the prime minister next week.
  • Recent figures cited by local media show merchandise exports fell more than 20% in December 2025 and the half-year trade deficit widened over 34%, underscoring the urgency of reforms.