- October 2, 2026
- Posted by: Tresmark
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Prime Minister Shehbaz Sharif has called for Pakistan to move from economic stabilisation towards a sustainable growth model driven by exports, productivity, employment and technology.
Addressing a ceremony in Karachi via video link, the prime minister said recent improvements in foreign exchange reserves, remittances and Pakistan’s return to international capital markets reflected progress in restoring macroeconomic stability.
He highlighted Pakistan’s recent $3 billion Eurobond issuance, which attracted offers worth $6 billion, as well as State Bank of Pakistan reserves of around $21.4 billion and additional commercial bank reserves.
Sharif said the next phase of economic policy should focus on increasing production, creating jobs and expanding exports rather than relying mainly on stabilisation measures. He also called for greater use of technology and productivity improvements across industries.
The prime minister highlighted incentives introduced in the FY27 budget for exporters, manufacturers and the construction sector, while urging protected industries to improve efficiency, modernise machinery and strengthen competitiveness.
Finance Minister Muhammad Aurangzeb said private-sector activity was gaining momentum, noting that housing-loan disbursements had reached around Rs60 billion. He also said the number of tax filers had increased to more than 5.7 million, from 3.9 million a year earlier.
Businessman Arif Habib said Pakistan’s return to international capital markets had received a strong investor response, while remittances and inflows through Roshan Digital Accounts continued to increase.
