Prime Minister Shahbaz Sharif has announced that discussions are underway to regulate digital currency in Pakistan.
The announcement was made during a meeting of the Economic Advisory Council, chaired by the Prime Minister and attended by various council members.
During the session, participants expressed confidence in government policies and provided recommendations for future economic growth, which were welcomed by the Prime Minister.
In his address, Prime Minister Sharif emphasized that achieving economic stability requires collective efforts rather than the actions of a single individual. He reaffirmed the government’s commitment to sustainable economic progress and highlighted initiatives aimed at enhancing regional trade.
He further stated that the government is focused on improving the competitiveness of local industries in the global market, with particular emphasis on boosting exports and generating employment opportunities. Additionally, he outlined plans to establish green data centers and expand telecommunication services, especially in remote areas, to facilitate IT exports and support freelancers.
The Prime Minister underscored the importance of regulating digital currency and stressed the need to transform the current discussions into actionable strategies.
During the meeting, participants lauded the government’s economic measures, highlighting that the nation’s economy is stabilizing and moving toward growth. They noted that price stability has contributed to increased production and acknowledged the government’s economic action plan, which has received recognition from global financial institutions, investors, and the business community.
Additionally, they appreciated the government’s dedication to institutional reforms and improvements in the tax system, which have fostered a more business-friendly environment.
The meeting also highlighted a recent rise in exports, which participants viewed as a positive indicator of economic recovery. Furthermore, the government’s crackdown on smuggling was credited with contributing to this growth in exports.
The session was attended by several prominent figures, including Jahangir Khan Tareen, Saqib Shirazi, Shehzad Saleem, and federal ministers such as Ahsan Iqbal and Rana Tanveer Hussain.
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 discussion, the Prime Minister invited Bahraini investors to explore investment opportunities in Pakistan, highlighting the strong diplomatic and economic ties between the two nations. He also extended his best wishes to Bahrain’s King Hamad bin Isa bin Salman Al Khalifa and reaffirmed Pakistan’s commitment to further strengthening bilateral relations.
