In meeting with PM, businessmen laud investment friendly environment
Pakistan
PM Shehbaz told rice exports reached $4 billion
ISLAMABAD (Dunya News) - Prime Minister Shehbaz Sharif on Friday met with a delegation of businessmen who expressed confidence in the government’s policies and lauded the conducive investment environment.
Speaking on the occasion, the prime minister stated that the national economy was moving in the right direction, with a notable decline in inflation and interest rates. He reaffirmed the government’s commitment to fostering an investor-friendly climate to spur economic growth.
He emphasised that continuous consultation with stakeholders was key to accelerating economic progress and highlighted that trade officers had been given clear targets to boost exports.
The participants expressed full confidence in the government’s pro-business policies and commended the establishment of the National Seed Development Authority. They also praised the Green Pakistan Initiative and acknowledged the rapid global growth of the country’s IT sector.
Directing ministries to engage with business stakeholders, PM Shehbaz remarked that investment begins at home. “I have decided to meet business leaders regularly to hear their concerns firsthand,” he stated.
He reiterated that the business community plays a pivotal role in driving economic progress, adding that macroeconomic indicators were gradually improving. “When local investors take the lead, foreign investment will follow. It is up to you to keep the wheels of the economy spinning,” he said.
Highlighting Pakistan’s export achievements, the premier noted that rice exports had reached $4 billion. However, he regretted that Pakistan had failed to capitalise on a grant China had provided in 2005 for a rice grading laboratory.
Addressing accountability in governance, the prime minister asserted that mistakes within the administration would not go unchecked. He announced, that his office would hold sectoral review meetings twice a week, with relevant ministers, secretaries, and four representatives from each sector. The first meeting would be on the agriculture sector.
