Prime Minister Shehbaz Sharif said Wednesday that he is prepared to work with all stakeholders to drive Pakistan’s economic development.
Addressing a ceremony at the Pakistan Stock Exchange (PSX) in Karachi, Sharif congratulated the PSX for its strong performance in 2024, noting that the country’s economy is improving steadily.
‘It is an honor for me to visit the PSX today,’ Sharif said. ‘The main goal of the government is to convert macroeconomic stability into economic growth.’ The prime minister praised the recently launched “Uraan Pakistan” project and expressed his intention to meet with financial experts from Karachi and other cities to develop proposals for an export-led growth strategy and better utilization of natural resources.
Sharif assured that the privatization process would be handled transparently and reaffirmed the government’s aim to lower the interest rate to 6% to encourage investment. ‘Pakistan has achieved economic stability in recent months,’ Sharif said. ‘We are trying to bring the interest rate to 6% to boost investment.’
Deputy Prime Minister Ishaq Dar, Information Minister Attaullah Tarar, Finance Minister Muhammad Aurangzeb, Sindh Governor Kamran Tessori, and Chief Minister Murad Ali Shah were also present at the event.