As the world grows, Pakistan is also pursuing economic growth through a series of reforms and structural changes. Prime Minister Shehbaz Sharif has been actively engaging with neighboring countries to attract mutual trade and cultural exchange.
In a recent interview with Al Arabiya, Prime Minister Shehbaz Sharif outlined a strategic plan aimed at addressing key issues and achieving sustainable growth in Pakistan.
The Prime Minister emphasized that these reforms could restore economic stability and ensure long-term prosperity. Key areas of focus include improving GDP, reducing debt, decreasing corruption, and utilizing the country’s natural resources.
Recently, a delegation from Saudi Arabia visited Pakistan at the request of Prime Minister Sharif and signed MOUs in various sectors, including cultural exchange and trade between the two countries. These economic reforms are undoubtedly the outcomes of boost in Stock Exchange Market, lower the poverty, and drop down the inflation in the country.
Subsequently, Prime Minister Sharif also visited China, where he offered new contracts under the CPEC projects and signed MOUs with key ministries. This level of engagement is expected to foster economic growth and sustainability in the energy sector.
The concerned ministers are actively attending conferences and engaging with businessmen in various aspects. The Finance Minister, in particular, is working to gain their trust in investing in government sectors, ultimately aiming to lower the country’s circular debt.
