This paper looks at the Indus Basin Water Strategy for Pakistan. It begins with a historical overview of the Indus Basin Irrigation System (IBIS), the Indus Basin Replacement Works (1960-1980) and the Indus Basin Salinity Control Efforts (1960-2000). The paper then looks at the IBIS irrigation and salinity control investments that have taken place over the last decade (2000-2010). The paper goes on to look at the present situation of the IBIS as well as discuss an IBIS strategy for the next decade. Finally, the paper discusses supply side and demand management strategies for IBIS. Overall, the paper concludes that Pakistan should focus on (1) Creating Additional Surface Storage, (2) Preserving surface water (particularly through lining canals), (3) Controlling Groundwater and controlling salinity (by discouraging excessive tube-well use), (4) Encouraging general efficiency of irrigation water use (through improved land management techniques), (5) Enhancing yields through improved farming practices, and (6) Fully meeting the environmental concerns of the Indus Delta, river systems and wetlands.