ISLAMABAD:
Prime Minister Shehbaz Sharif on Friday directed the relevant ministries and departments to speed up work on integrating proposals from the private sector into a unified industrial policy framework, stressing that coordinated decision-making was essential for sustainable economic growth.
Chairing a meeting of the Private Sector Committee on National Industrial Development, he said the government sought to translate expert recommendations into actionable reforms without delay.
He emphasized that the country’s economic growth, job creation and increased income were not possible without industrial development.
During the meeting, the private sector members of the committee presented their recommendations aimed at the country’s industrial development and increased investment in the country, which the Prime Minister welcomed, saying that the private sector’s proposals were of central importance to the country’s industrial development.
Business has diligently drawn up extensive proposals for industrial development, which are commendable, he says, adding that after a careful review of these proposals, an implementation plan will be formulated.
The Prime Minister appreciated these proposals and directed that they should be merged with recommendations from other economic sectors and incorporated into the national policy framework.
He said measures to ensure ease of doing business and increase investment were the government’s top priorities.
The Pakistani business community supported the policies of the government in difficult times and helped the country overcome economic challenges, the prime minister said, adding that by the grace of Allah, the country’s economic direction had improved and Pakistan was on the way to progress.
However, he emphasized working even harder to ensure national development.
During the meeting, a comparison with regional countries was also shared to highlight ways in which the competitiveness of Pakistani industry can be increased.
Prime Minister Shehbaz Sharif on Friday held a meeting with Khyber-Pakhtunkhwa Governor Faisal Karim Kundi to review issues related to the province.
According to the Prime Minister’s Office, the discussion covered key administrative and development-related issues relating to Khyber Pakhtunkhwa. The two leaders also exchanged views on the country’s overall political situation.
Union Minister for Kashmir Affairs, Gilgit-Baltistan and Frontier Regions Engineer Amir Muqam also attended the meeting along with Union Minister for Public Affairs Rana Mubashir Iqbal.
