Islamabad, February 2, 2026 – Prime Minister Muhammad Shehbaz Sharif today met Ajay Banga, President of the World Bank Group (WBG), in Islamabad. This marked Mr. Banga’s first official visit to Pakistan as World Bank President.
(more…)Tag: Prime Minister Shehbaz Sharif
-

PM Shehbaz announces major relief package for industries and exports, cuts electricity tariff
Islamabad, January 30, 2026 – Prime Minister Muhammad Shehbaz Sharif on Friday unveiled a comprehensive relief package aimed at boosting Pakistan’s industrial and export sectors. The measures include a significant reduction in electricity tariffs by Rs 4.04 per unit for industries, lowering of wheeling charges to under Rs 9, and a substantial cut in the export refinance scheme rate from 7.5% to 4.5%. Additionally, top exporters will be granted “blue passports” for two years to facilitate export-led growth.
(more…) -

PM Shehbaz Sharif highlights Pakistan’s economic turnaround at Davos 2026
DAVOS, January 21, 2026 — Pakistan’s economy is showing clear signs of improvement, with key economic indicators strengthening and growth momentum building, Prime Minister Shehbaz Sharif said on Wednesday at the Pakistan Pavilion during the 56th Annual Meetings of the World Economic Forum in Davos.
(more…) -

PM, President express grief over Gul Plaza fire in Karachi
Islamabad, January 18, 2026 – Prime Minister Muhammad Shehbaz Sharif has expressed deep sorrow over the tragic fire incident at Gul Plaza in Karachi, which resulted in the loss of precious human lives. He said the government stands in solidarity with the families of the deceased during this difficult time.
(more…) -

PM Shehbaz forms committee to review new currency note designs
Islamabad – Prime Minister Muhammad Shehbaz Sharif on Wednesday announced the formation of a committee to review and deliberate on new designs for Pakistan’s currency notes. The decision was made during a federal cabinet meeting at the Prime Minister’s House, which focused on key policy matters, including currency modernization, a news release from the Prime Minister’s Office stated.
(more…) -

PM Shehbaz applauds Ericsson’s key role in Pakistan’s telecom growth
Islamabad, January 13, 2026 – Prime Minister Muhammad Shehbaz Sharif on Tuesday lauded Ericsson for its long-standing contribution to the growth and modernization of Pakistan’s telecommunications sector, during a meeting with a high-level delegation of the global telecom company at the Prime Minister’s House.
(more…) -

PM Shehbaz Sharif Directs Transparent Ramazan Relief Package 2026
Islamabad, January 9, 2026 – Prime Minister Shehbaz Sharif on Friday announced the federal government’s plan to implement a transparent and efficient Ramazan relief package 2026, aimed at providing subsidized essential food items to underprivileged families. The initiative replaces decades-old systems plagued by financial irregularities and mismanagement in utility stores.
(more…) -

PM Shehbaz Approves National Framework to Reform Pakistan’s Gemstone Sector
Islamabad, January 9, 2026 – Prime Minister Shehbaz Sharif on Friday granted in-principle approval to the National Policy Framework aimed at reforming Pakistan’s gemstone sector, aligning it with international standards, and creating an investor-friendly environment for both local and foreign stakeholders.
(more…) -

PM Shehbaz orders strategy to boost rice exports and cut trade deficit
Islamabad, January 7, 2026 — Prime Minister Shehbaz Sharif on Wednesday emphasized the need to significantly increase rice exports and directed relevant authorities to prepare a comprehensive export strategy in close coordination with the Rice Exporters Association of Pakistan (REAP).
(more…) -

PM Shehbaz directs SBP to simplify credit for SMEs, farmers, startups
Islamabad, January 7, 2026 — Prime Minister Muhammad Shehbaz Sharif on Wednesday instructed the State Bank of Pakistan (SBP) and commercial banks to simplify and expand credit mechanisms for small and medium enterprises (SMEs), new businesses, and small farmers. The prime minister emphasized that improving access to finance is a top government priority to boost economic growth and financial inclusion.
(more…)