Prime Minister Shehbaz Sharif has said that Pakistan has the potential to become the world’s sixth largest economy before 2050 and the government is determined to achieve this target 25 years ahead of global estimates.
Addressing the Pakistan Minerals Investment Forum (PMIF) 2026, the Prime Minister said that Goldman Sachs has predicted that Pakistan will become the world’s sixth largest economy by 2075; however, they want to achieve this target before 2050.
He said that continuous hard work, determination and consistency are needed to make Pakistan a prominent place in the global economy.
The Prime Minister further said that Pakistan will have to face difficulties and a long struggle in the journey of economic development, however, the country should continue its efforts to achieve its goals.
Shahbaz Sharif said that the nation should rest for a while if necessary, but should never give up. According to him, this same perseverance can help Pakistan gain a prominent position in the global economy.
It should be noted that Goldman Sachs had predicted in its research report ‘The Path to 2075’ in December 2022 that with the presence of appropriate economic policies and strong institutions, Pakistan could become the sixth largest economy in the world by 2075.
The report described population growth as an important factor for Pakistan’s potential economic growth, however, experts also pointed out the risks related to environmental change and economic and political policies.
