Prime Minister Shahbaz Sharif has revealed that consultations are underway regarding the regulation of digital currencies in Pakistan. This announcement was made during a meeting of the Economic Advisory Council, chaired by the Prime Minister and attended by key council members.
During the meeting, participants expressed strong confidence in the government’s economic policies and offered valuable suggestions for future growth, all of which were well-received by Prime Minister Sharif. He emphasized that economic stability is a collective responsibility, requiring the joint effort of all stakeholders, and reaffirmed the government’s commitment to long-term economic development.
The Prime Minister highlighted key initiatives aimed at enhancing Pakistan’s global competitiveness, such as boosting exports, creating jobs, and fostering trade in the region. He also underscored plans to establish green data centers and improve telecommunications services, especially in remote areas, to stimulate IT exports and support the growing freelance sector.
Shahbaz Sharif further emphasized the ongoing work to regulate digital currency, urging the conversion of current discussions into actionable plans. He acknowledged that the government’s efforts in this area are crucial for the nation’s economic stability.
The Economic Advisory Council also lauded the government’s economic measures, noting that the country’s economy is on a path to growth. Participants pointed out that price stability has led to increased production, while the government’s economic action plan has garnered attention and approval from global economic institutions, investors, and the business community.
Furthermore, the meeting highlighted the rise in exports over the past month as a sign of economic recovery, with the government’s crackdown on smuggling contributing to this growth. The improvements in the tax system and commitment to institutional reforms were also praised for creating a more business-friendly environment.
Prominent figures such as Jahangir Khan Tareen, Saqib Shirazi, Shehzad Saleem, and several federal ministers, including Ahsan Iqbal and Rana Tanveer Hussain, were in attendance.
Earlier, Prime Minister Sharif held a meeting with an 11-member Bahraini parliamentary delegation led by Ahmed bin Salman Al-Musallam, Speaker of Bahrain’s Council of Representatives. During the meeting, the Prime Minister invited Bahraini investors to explore investment opportunities in Pakistan and reaffirmed the strong bilateral ties between the two nations. He also extended his best wishes to Bahrain’s King Hamad bin Isa bin Salman Al Khalifa, emphasizing Pakistan’s dedication to enhancing diplomatic and economic relations.
