PM Shehbaz on Floods

PM Shehbaz pushes technology reforms to boost investment growth

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PM directs ministries to adopt modern technologies, boost industrial output and expand exports under wide-ranging economic reform agenda

Prime Minister Muhammad Shehbaz Sharif has instructed all federal ministries to engage industry experts and technology specialists to support the integration of modern technologies into key sectors of the economy, as part of broader efforts to boost investment and accelerate industrial growth.

Chairing a high-level review meeting on policy reforms and economic development, the prime minister said sector-specific reforms, industrial expansion and foreign direct investment remain central pillars of Pakistan’s long-term economic strategy.

He stressed that sustainable development requires consistent, forward-looking policies focused on public welfare and national prosperity.

“Long-term economic policies should remain focused on public welfare and national prosperity,” the prime minister said.

Focus on production and exports

The prime minister underscored the need to increase domestic production and strengthen exports, describing both as essential drivers of economic stability and growth.

He said enhanced industrial output should contribute not only to domestic supply but also improve Pakistan’s competitiveness in international markets.

Relevant ministries were directed to prepare reform proposals aimed at improving industrial, commercial and economic performance while raising living standards.

Renewable energy and electric vehicles

The meeting reviewed Pakistan’s future energy needs and strategies to promote renewable and alternative energy sources.

The prime minister said the government is developing a comprehensive framework to address energy demand through sustainable and clean technologies.

He also highlighted the need for a robust electric vehicle policy to reduce fuel import dependency, promote energy efficiency and provide affordable transport solutions.

Technology-driven governance reforms

Prime Minister Shehbaz Sharif instructed ministries to ensure meaningful consultation with industry experts, researchers and technology professionals to support digital transformation across sectors.

He said technological innovation would play a key role in improving productivity, competitiveness and overall economic efficiency.

The prime minister further emphasized coordination between ministries to ensure effective implementation of reforms and measurable economic outcomes.

Transparency and accountability

Reaffirming the government’s governance agenda, the prime minister said transparency, accountability and performance remain top priorities.

He directed all stakeholders to ensure that reform initiatives are implemented effectively and deliver tangible economic benefits.

During the meeting, ministries presented ongoing policy proposals and briefed participants on initiatives aimed at improving the investment climate and supporting economic growth.

The meeting was attended by senior cabinet members including Deputy Prime Minister and Foreign Minister Ishaq Dar, Finance Minister Muhammad Aurangzeb, Economic Affairs Minister Ahsan Iqbal, and other federal ministers and senior officials.