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Pakistan Pakistan Economy Updates

Fatman17

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Fatman17

Experienced member
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Defence News Editor
Pakistan Moderator
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17 1,999
Nation of residence
Pakistan
Nation of origin
Pakistan
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Pakistan is quietly transforming into an emerging olive powerhouse to tackle its massive $4 billion edible oil import bill.

Driven by government initiatives and the recently launched National Olive Value Chain Policy, the country has scaled up its olive tree count from just 500,000 in 2016 to nearly 7 million today across the Potohar region, Balochistan, and the northwest.

The strategy is already showing tangible results:

Import Reductions:
Olive oil imports have dropped from 400,000 tons to roughly 200,000 tons, with expenditures falling from $14 million to $9 million in FY 2024–2025.

Expansion Plans:
Cultivation spans about 60,000 acres, with another 15,000 acres targeted over the next three years. Officials project full import substitution within 3 to 4 years.

Global Expertise:
Prime Minister Shehbaz Sharif recently announced plans to send 100 young agricultural graduates to Italy for specialized training in cultivation, processing, and branding.

From tackling national import reliance to building a high-value export sector, local agriculture is stepping into a whole new era.

#PakistanAgriculture #OliveFarming #AgriTech #Economy #Sustainability #GlobalTrade
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