PM Shehbaz Satisfied on Economic Recovery, Calls for Crackdown on Tax Defaulters

Prime Minister Shehbaz Sharif expressed satisfaction over Pakistan’s improving economic landscape while directing authorities to accelerate actions against tax defaulters.

Chairing a meeting to review the economic situation, the PM emphasized the importance of collective tax contributions for national development. “We will not rest until tax evaders and their accomplices are brought to justice,” he asserted.

The Finance Ministry briefed the meeting on talks with the International Monetary Fund (IMF), with PM Shehbaz noting significant progress toward economic stability. He highlighted a booming stock market, reduced inflation (38% to 7%), and a decreased interest rate (22% to 15%) as evidence of recovery.

Foreign investor confidence is growing, and the country’s foreign reserves are strengthening due to record remittances and rising exports. Additionally, agricultural reforms spearheaded by Punjab Chief Minister Maryam Nawaz were praised for boosting sustainable growth and food security.

PM Shehbaz reaffirmed the government’s commitment to public welfare and urged all sectors to contribute actively to Pakistan’s progress.