Prime Minister Shehbaz Sharif stressed the need for comprehensive reforms and collective action to strengthen Pakistan’s economy while addressing the Pakistan Governance Forum 2026. He said the country had narrowly avoided default in 2023 but achieved macroeconomic stability through coordinated national efforts.
He highlighted key progress including a sharp decline in inflation from around 35 percent to below 7 percent, reduction in electricity prices, and reforms aimed at increasing exports and investment. The prime minister emphasized that expanding the tax base, boosting productivity, and supporting the private sector are essential for sustainable growth.
Shehbaz Sharif also pointed to ongoing reforms in the energy sector, anti-corruption measures, and initiatives to support citizens, including the Ramazan relief package distributed through digital wallets. He expressed confidence that continued reforms and unity among stakeholders would place Pakistan on a path toward long-term economic stability.
Related stories:
China stands by Pakistan at time of economic challenges: PM Shahbaz
