Islamabad: Prime Minister Shehbaz Sharif announced that economic stability, reduced inflation, and a notable decline in interest rates are key factors driving increased investments from friendly nations. Speaking at a meeting of the Economic Advisory Council in Islamabad, Sharif emphasized the role of these improvements in attracting foreign capital to the country.

The Prime Minister noted that businesses and investment activities are being supported by reforms in Information Technology and the digitalization of the tax system. This modernization is designed to streamline processes and make Pakistan a more attractive destination for investors.

Sharif also highlighted his administration’s commitment to achieving Sustainable Development Goals through a comprehensive consultative approach. He identified industrial growth as a top priority for the government, viewing it as crucial for increasing employment opportunities across the nation.

He expressed optimism that the reduction in electricity prices would lower the cost of industrial production. This, in turn, is expected to boost both production and exports, allowing Pakistani products to compete more effectively on the international stage.

The Prime Minister’s statements underscore the government’s focus on leveraging economic reforms to bolster industrial output and enhance the country’s global trade competitiveness.