PM assures ease of doing business

ISLAMABAD:

Prime Minister Shehbaz Sharif reaffirmed the government's commitment to fostering economic stability, promoting commerce, ensuring Pakistan's resurgence as a progressive and thriving nation, and assured that efforts were afoot to ensure ease of doing business in the country.

Addressing the inauguration ceremony of a six-star hotel in the federal capital, Shehbaz expressed optimism about the economic revival and reiterated the government's commitment to fostering progress across various sectors.

He highlighted the government's efforts to stabilise the economy. He outlined the government's vision for economic development in agriculture, industry, IT, mining, and minerals.

"A competitive industrial sector is essential for economic growth, and we are committed to easing the cost of doing business," he said. Announcing a new initiative for the privatisation of the PIA, he invited Pakistani investors to participate in a transparent bidding process.

Separately, chairing a meeting on the Railways, Shehbaz directed the Pakistan Railways to collaborate with the private sector for the use of its land for business purposes and provide competitive and modern facilities to attract the passengers.

The prime minister also directed the department to formulate a comprehensive strategy to increase trade with the region, especially the Central Asian countries. He asked the Railways to replace the old system with modern technology.

Also, the PM chaired the first meeting of the task force on combating human trafficking. The prime minister directed for the issuance of 'Red Warrants' against those found guilty of human trafficking.