Islamabad: Prime Minister Shehbaz Sharif has declared that Pakistan’s recent positive economic indicators clearly demonstrate the correctness of the government’s policies, reinforcing its commitment to economic revival, transparency, and institutional reform.
Chairing a comprehensive review meeting of the Federal Board of Revenue (FBR), the Prime Minister emphasized that the visible improvement in various sectors of the economy was not coincidental but a direct result of well-thought-out and sustained government measures. During the meeting, which was attended by senior government officials and economic advisors, the Prime Minister directed the FBR to seek the services of internationally reputed firms for third-party validation of ongoing reforms to ensure transparency, credibility, and global best practices.
“Pakistan is moving in the right direction, and the recent economic indicators serve as solid proof that our policies are both timely and effective,” said Shehbaz Sharif.
“These signs of recovery are not just numbers—they represent renewed investor confidence, improved institutional performance, and increasing national morale.”
Institutional Reforms Gaining Momentum
The Prime Minister highlighted that institutional reforms in various sectors, especially the FBR, are advancing rapidly. One such initiative, the Faceless Customs Assessment System, was applauded for minimizing human interaction in customs clearance procedures, thereby reducing corruption, delays, and inefficiencies. This system is being viewed as a model of how digitalization can be effectively applied to improve transparency in revenue collection.
He stressed that efforts are being intensified to eliminate corruption and inefficiencies from key public institutions. The broader goal, he said, is to build a governance model that is citizen-centric, technology-driven, and aligned with international standards.
Third-Party Audits for Greater Credibility
One of the key decisions taken during the FBR review meeting was to introduce third-party audits of all ongoing reforms. By involving global experts, the government aims to validate the impact and integrity of its initiatives. Prime Minister Shehbaz Sharif believes this step will bolster international trust in Pakistan’s economic direction and encourage foreign investment.
Macro-Economic Stability in Sight
According to official data released by the Ministry of Finance, Pakistan has shown improvement in several macroeconomic indicators in the last quarter:
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The current account deficit has narrowed significantly.
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Foreign exchange reserves have stabilized due to improved exports and remittances.
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The Pakistani rupee has shown resilience against the US dollar.
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Inflation, although still a concern, has shown a downward trend due to targeted subsidy programs and supply-side management.
These developments have attracted the attention of international financial institutions. The IMF, World Bank, and regional development partners have noted Pakistan’s economic stabilization in their recent assessments.
Public and Investor Confidence Growing
Shehbaz Sharif noted that along with positive figures, public confidence in economic policy is also rising. The stock market has witnessed upward trends, business activity is gradually picking up, and foreign investors are showing renewed interest, particularly in sectors such as IT, agriculture, and energy.
The Prime Minister reiterated that economic progress would be meaningless without its benefits reaching the common people. To this end, he highlighted ongoing initiatives to expand the tax base, support small businesses, and invest in youth employment programs. He also reaffirmed the government’s pledge to protect vulnerable populations through targeted subsidies and social safety nets.
The Road Ahead
In closing, Prime Minister Shehbaz Sharif stated that the government remains fully committed to steering Pakistan toward sustainable economic growth. He called for unity, discipline, and consistent implementation of reforms. “We are laying the foundation of a stable economy for future generations,” he said. “The journey is not over, but the positive economic indicators clearly prove we are on the right track.”
The meeting concluded with directives for continued reform implementation, regular performance evaluations, and greater engagement with stakeholders to ensure inclusive growth.
