Prime Minister Shehbaz Sharif chairs a progress review meeting on sectoral reforms in Islamabad. photo: nni
ISLAMABAD:
Prime Minister Shehbaz Sharif on Tuesday directed all ministries to ensure “meaningful expert consultation” for modern technologies’ integration across various sectors of the economy.
Chairing a high-level review meeting on policy measures and reforms aimed at boosting investment and overall economic growth, the prime minister said that the promotion of industry and skilled trades, along with enhanced foreign investment, was indispensable for the country’s economic progress.
The premier underscored the need for sectoral reforms, industrial growth and increased foreign investment to ensure sustainable economic development, saying that long-term economic policies must remain focused on public welfare and national prosperity.
He emphasized that effective policy interventions to increase domestic production and expand exports were among the government’s key priorities. “Industrial products must contribute not only to increased local manufacturing but also to higher export volumes,” he said.
The prime minister directed that reforms across the industrial, commercial and economic sectors should be designed with a focus on long-term economic benefits and public welfare.
He also highlighted the government’s efforts to formulate a comprehensive strategy for meeting future energy requirements through alternative and renewable energy sources.
Addressing the transportation and energy sectors, Shehbaz said that a comprehensive and effective electric vehicles policy was the need of the hour to promote energy conservation and provide affordable transport solutions to the public.
He instructed all ministries to ensure meaningful consultation with experts to facilitate the integration of modern technologies across various sectors of the economy.
Stressing the importance of inter-ministerial coordination, the prime minister said all ministries should work closely together to formulate and implement effective development policies.
The premier further stated that transparency in governance and optimum performance in all reform initiatives remained among the government’s foremost priorities.
During the meeting, relevant ministries briefed participants on various policy proposals currently under consideration.
