Prime Minister Shehbaz Sharif said that consultations are underway to regulate digital currency in Pakistan.

He emphasised the government’s commitment to strengthening local industries so that Pakistani exports can compete in international markets.

The remarks came during a meeting of the Economic Advisory Council, where members expressed full confidence in government policies and shared recommendations for future economic growth.

The prime minister welcomed their input, highlighting that economic stability is not the effort of an individual but a team effort.

Economic reforms and export growth

PM Shehbaz reiterated his administration’s focus on boosting industry, agriculture, IT, employment, and exports.

He stressed the importance of utilising the region’s trade potential while working towards the establishment of green data centres to support economic digitalisation.

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To enhance telecommunication services and improve internet accessibility in remote areas, the government aims to increase IT exports and encourage more freelancers to enter the global market.

Regulation of digital currency is also under discussion as part of this broader digital transformation strategy.

Investor confidence and economic stability

Council members noted that Pakistan’s economy is now stable and progressing, with price stability driving higher production.

They praised the government’s institutional reforms, which have improved the tax system, simplified business regulations, and created a more investment-friendly environment.

They further highlighted that export growth in the past month — a result of the government’s anti-smuggling measures — reflects positive economic momentum.

For the first time, global financial institutions, business communities, and investors are aligned in their recognition of the government’s economic plan.

The meeting was attended by key business leaders, including Jahangir Khan Tareen, Saqib Shirazi, Shehzad Saleem, Musadiq Zulqarnain, Dr Ijaz Nabi, Asif Peer, Zaid Bashir, and Salman Ahmed. Federal ministers Ahsan Iqbal, Rana Tanveer Hussain, Jam Kamal Khan, Ahad Khan Cheema, Muhammad Aurangzeb, Minister of State Ali Parvez Malik, and the Prime Minister’s Coordinator Rana Ehsan Afzal, along with other senior officials, were also present.

With economic reforms gaining momentum, the government aims to translate discussions into actionable plans, ensuring long-term growth and sustainability.