Islamabad– Prime Minister Muhammad Shehbaz Sharif chaired a crucial meeting of the Economic Advisory Council on Wednesday, where members expressed full confidence in the government’s economic policies and presented key recommendations aimed at further strengthening Pakistan’s economic growth.
During the meeting, PM Shehbaz revealed that consultations were ongoing regarding the regulation of digital currencies. He welcomed the suggestions put forth by the council members and directed relevant authorities to collaborate in forming a comprehensive action plan based on these recommendations.
The premier emphasized that economic stability was not the result of individual effort but rather the collective contributions of the entire team. He reaffirmed his commitment to sustainable economic development and highlighted plans to fully utilize the country’s potential for regional trade.
Shedding light on the government’s top priorities, the prime minister underscored the significance of industry, agriculture, IT development, job creation, and increasing exports. He also revealed plans to establish green data centers in the country and improve telecommunication services to expand internet access to remote areas, which would help boost the number of freelancers and IT exports.
PM Shehbaz stressed the importance of turning the meeting’s constructive discussions into actionable plans, ensuring that economic strategies are effectively implemented.
Economic Progress and Investor Confidence
Participants of the meeting acknowledged that Pakistan’s economy was stabilizing and progressing toward growth. They noted that price stability had led to increased production, and the government’s economic team had successfully defied previous projections and analyses.
For the first time, global economic institutions, the business community, and investors have united in acknowledging the government’s action plan. The participants also lauded the prime minister for his serious commitment to institutional reforms, which they described as unprecedented in Pakistan’s history.
The improvement in the country’s tax system, ease of regulations, and the creation of a business- and investor-friendly environment were cited as key factors contributing to growth across major sectors. The reduction in smuggling was also highlighted as a positive development, contributing to increased exports.
Additionally, it was noted that the business community now enjoys direct and regular access to the government’s economic team, fostering better collaboration and decision-making.
Attendees and Key Participants
The meeting was attended by prominent business leaders, including Jehangir Khan Tareen, Saqib Shirazi, Shehzad Saleem, Musaddiq Zulkarnain, Dr. Ejaz Nabi, Asif Peer, Zaid Bashir, and Salman Ahmed. Senior government officials present included Federal Ministers Ahsan Iqbal, Rana Tanveer Hussain, Jam Kamal Khan, Ahad Khan Cheema, Mohammad Aurangzeb, Minister of State Ali Pervez Malik, and the Prime Minister’s Coordinator Rana Ehsan Afzal, along with other senior officials.
The Economic Advisory Council meeting reaffirmed the government’s commitment to economic stability and growth, with a focus on implementing reforms that drive Pakistan’s economic future forward.
