PM Shehbaz Sharif stresses industrial growth, foreign investment for economic stability
PM Shehbaz Sharif stresses industrial growth, foreign investment

Prime Minister Shehbaz Sharif has underscored the importance of industrial development and foreign investment, stating that both are vital for achieving sustainable economic growth and long-term prosperity in Pakistan. He made these remarks while chairing a review meeting on investment promotion and economic reforms.

Government priorities

The prime minister said that strengthening the industrial sector and expanding exports remain among the government's foremost priorities. He noted that policies aimed at increasing industrial output and enhancing export capacity are essential for ensuring economic stability and improving public welfare. Reforms across the industrial and trade sectors are being developed to generate broader economic benefits.

Energy strategy

Shehbaz Sharif also highlighted the government's efforts to formulate a comprehensive strategy to meet future energy requirements through alternative energy sources. He stressed the need for energy conservation and the implementation of an effective electric vehicle policy to support affordable and environmentally sustainable transportation.

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Technology and coordination

The prime minister called for wider adoption of modern technology across various sectors and emphasized the importance of consultation between ministries and experts to strengthen policy development and execution. He further stated that transparency, efficiency, and improved coordination among government institutions remain key components of the administration's governance agenda.

The meeting was briefed on a number of policy proposals related to economic reforms and investment promotion. Senior government officials, including the deputy prime minister and federal ministers, participated in the discussions.

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