Pakistan’s Finance Minister Muhammad Aurangzeb has revealed that the real size of Pakistan’s economy could be close to $1 trillion, almost double the officially reported $411 billion. Speaking at a business event in Karachi, he explained that nearly half of the country’s economy operates outside the formal system, preventing accurate documentation of its true strength.
Aurangzeb expressed optimism about finalizing discussions with the International Monetary Fund (IMF) soon, noting that only a few points remain unresolved. He emphasized that the government’s economic strategy is centered on reforms, transparency, and long-term stability.
Efforts are underway to expand the tax base, improve documentation, and digitize financial systems—key steps toward boosting revenue and reducing reliance on foreign borrowing. The minister also stressed the importance of export-led growth and foreign investment, particularly in manufacturing, energy, and technology sectors.
Highlighting trade opportunities with Saudi Arabia and other regional partners, Aurangzeb said the government aims to build a more predictable and investor-friendly environment through improved governance and policy consistency.
He concluded that Pakistan has the potential to become a trillion-dollar economy if reforms continue and documentation improves—transforming that potential into sustainable economic growth.
