Islamabad, Feb 20: Prime Minister Shehbaz Sharif emphasized the importance of digital currency regulation, acknowledging its increasing role in the global financial system. During a meeting of the Economic Advisory Council (EAC) on Wednesday, he stated that the government was actively reviewing the benefits and risks associated with digital transactions before implementing regulatory measures.
A senior official from the Prime Minister’s Office (PMO) revealed that Shehbaz Sharif recognized the rapid global shift toward digital financial systems. “Given this transformation, we are carefully evaluating potential advantages and challenges before finalizing any policy decisions,” the official noted.
According to an official statement, EAC members expressed their confidence in the government’s economic strategy and provided recommendations to enhance sustainable growth. The prime minister welcomed these insights and instructed relevant authorities to collaborate with experts in formulating a detailed action plan.
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“Economic progress is not the result of an individual effort but a collective endeavor,” Shehbaz Sharif asserted, reaffirming his administration’s commitment to long-term economic stability. He underscored Pakistan’s regional trade potential as a critical driver of growth and emphasized the importance of strengthening key industries.
Highlighting export expansion, industrial development, and IT sector growth, the prime minister stressed the need for a competitive business environment. He pointed out that agriculture, job creation, and technological advancements would remain central to the government’s economic agenda.
Additionally, Shehbaz Sharif advocated for the establishment of green data centers and enhanced telecommunication services to bridge the digital divide. “Expanding internet access to remote regions will not only boost connectivity but also support freelancers and IT exports,” he remarked.
He urged that the insights shared during the meeting be translated into actionable policies. Participants acknowledged that Pakistan’s economy was stabilizing, with improved inflation control contributing to increased industrial output.
Moreover, they noted that the government’s economic team had successfully countered negative forecasts, gaining recognition from international financial institutions and investors. The prime minister was also commended for spearheading institutional reforms, improving the tax framework, and fostering a business-friendly regulatory environment. These measures, they agreed, have bolstered economic resilience and encouraged growth across various sectors.
With a focus on innovation, strategic policymaking, and economic modernization, the government aims to position Pakistan as a key player in the digital and global economy.
