Pakistan Stands at ‘Defining Moment’ of Economic Transformation: PM at WGS
Islamabad – Prime Minister Shehbaz Sharif addressed the World Government Summit (WGS), describing Pakistan as being at a “defining moment” in its economic transformation. The Prime Minister highlighted recent reforms, foreign investment initiatives, and policy measures aimed at stabilizing the economy, boosting growth, and creating job opportunities for the youth.
Speaking to an audience of global policymakers, business leaders, and international experts, PM Shehbaz emphasized Pakistan’s commitment to fiscal discipline, energy sector reforms, and digital transformation. He noted that recent agreements with regional and international partners, including investments in infrastructure and technology, are paving the way for sustainable economic development.
“The decisions we take today will determine Pakistan’s economic trajectory for decades. We are focused on creating an environment that encourages investment, innovation, and inclusive growth,” the Prime Minister said. He also highlighted steps taken to improve ease of doing business, streamline taxation, and strengthen public-private partnerships.
Economists at the summit noted that Pakistan’s proactive engagement with global partners and its focus on structural reforms could significantly enhance investor confidence and economic resilience. PM Shehbaz underscored the importance of political stability, transparent governance, and regulatory predictability in achieving these goals.
The Prime Minister’s address also called on international stakeholders to collaborate on technology transfer, skill development, and sustainable energy projects, positioning Pakistan as a regional hub for investment and innovation. The speech was received positively by attendees, with many noting Pakistan’s potential to capitalize on demographic advantages and strategic location.
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خلاصہ (اردو میں):
وزیراعظم شہباز شریف نے ورلڈ گورنمنٹ سمٹ میں کہا کہ پاکستان اقتصادی تبدیلی کے اہم مرحلے پر کھڑا ہے اور اصلاحات، سرمایہ کاری اور ترقیاتی اقدامات سے ملک کی معیشت مستحکم ہو رہی ہے۔
