Prime Minister Shehbaz asserts that Pakistan has transcended its economic crises.

Prime Minister Shehbaz Sharif stated that Pakistan has recovered from the economic crisis, with significant improvements in major economic indicators.

During the inauguration ceremony of the National Regulatory Reforms, the prime minister expressed his satisfaction in attending the launch of regulatory reforms, which have been sought by the people and the business community for decades.

He asserted that the business community and investors had been distressed by convoluted legislation and superfluous restrictions. Upon his government’s inauguration, the Pakistani economy was in a precarious state, with the nation nearly facing financial default.

The prime minister stated that inflation was uncontrollable, the policy rate had incapacitated the economy, and commercial activity were stagnate. Nevertheless, the administration addressed these difficulties with a proficient plan.

He stated that, with the grace of Allah, Pakistan has surmounted the crisis and economic indicators have enhanced. He observed that the IMF has sanctioned a $1.2 billion tranche for Pakistan and underscored the necessity of attracting foreign investment for sustainable economic growth.

Prime Minister Shehbaz stated that the youth represent the nation’s most significant asset, and the government is offering them technical and vocational training.