PM Shehbaz Outlines Economic Reforms, Highlights Growth and Export Drive

PM Shehbaz Outlines Economic Reforms, Highlights Growth and Export Drive

ISLAMABAD (AIA) Prime Minister Shehbaz Sharif said the government is committed to accelerating economic growth, boosting exports, and improving Pakistan’s business climate as part of a broader reform agenda.
Virtually addressing a ceremony in Islamabad, the premier said the country has transitioned from crisis management to institutional development through measurable, time-bound economic governance reforms.
He highlighted key improvements: inflation dropping from 29.2% to 4.5%, foreign reserves rising from 9.2 billion to21.2 billion, and a shift from a 3.3 billion current account deficit to a1.9 billion surplus.
Tax-to-GDP ratio has crossed 10% for the first time in years, with over a million new taxpayers added and a 26% rise in tax revenue. The PM also praised the digitization of government systems and progress in privatizing state-owned enterprises like PIA and First Women Bank.
He said the reforms have been acknowledged by top global credit agencies, marking a strong shift towards sustainable economic stability.

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