Shehbaz Sharif seeks global expertise to accelerate economic reforms

Prime Minister tells Alvarez & Marsal executive that Pakistan is pursuing export-led growth, stronger manufacturing, foreign investment and privatisation to boost economic performance.

ISLAMABAD, October 23, 2026: Prime Minister Muhammad Shehbaz Sharif has reaffirmed Pakistan’s commitment to attracting foreign investment, accelerating structural reforms and engaging international economic experts to strengthen the country’s economy.

The prime minister made these remarks during a meeting with Peter Briggs, Managing Director of North American Operations at international consulting firm Alvarez & Marsal (A&M), in Islamabad on Friday.

Welcoming Briggs, Shehbaz said Pakistan was open to promising international markets and willing to consult globally recognised economic experts to support its economic transformation.

He said that, following progress towards economic and fiscal stability, the government was pursuing deep-rooted structural reforms to establish an export-led growth model and build a more productive economy.

The prime minister highlighted efforts to improve the performance and efficiency of the domestic manufacturing sector while taking measures to attract foreign direct investment (FDI).

He also said the government was assessing the economic viability of state-owned enterprises (SOEs) to determine their future, including potential privatisation, as part of its strategy to improve economic performance and support national growth.

Shehbaz stressed the importance of engaging qualified professionals and experienced experts to strengthen Pakistan’s economic growth. He said the country was ready to develop meaningful partnerships with international consulting firms, with a focus on measurable results and accountability.

Briggs thanked the prime minister for the meeting and welcomed the government’s commitment to attracting foreign investment and engaging international economic specialists.

He expressed A&M’s willingness to coordinate and cooperate with Pakistan to support a more progressive business environment and a productive economy.

The meeting was attended by Finance Minister Muhammad Aurangzeb, Economic Affairs Minister Ahad Khan Cheema, Power Minister Sardar Awais Ahmed Khan Leghari, Special Assistant to the Prime Minister Syed Tariq Fatemi and senior government officials.

The discussions reflect the government’s efforts to draw on international expertise as it pursues economic reforms, private-sector development and greater investment to support sustainable growth.