BUSINESS/FINANCE

Digital Currency Regulation and Economic Reforms are in Focus, PM Shehbaz

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Prime Minister Shehbaz Sharif chaired a meeting of the Economic Advisory Council, where he reiterated the government’s commitment to economic reforms, digital transformation, and strengthening local industries.

During the meeting, the premier revealed that discussions are ongoing regarding the regulation of digital currency in Pakistan, aligning with the global shift toward financial digitization. He emphasized that ensuring economic stability requires a collective effort rather than individual initiatives.

Key economic areas such as industry, agriculture, IT, employment, and exports were discussed, with a particular focus on increasing IT exports and providing better internet accessibility in remote areas. The establishment of green data centers was also highlighted as part of Pakistan’s digital economic expansion.

Council members praised the government’s efforts in stabilizing the economy and implementing institutional reforms. They noted that anti-smuggling measures had positively impacted export growth and that investor confidence was rising.

The meeting was attended by prominent business leaders and federal ministers, all of whom expressed their confidence in the government’s economic strategy.

As Pakistan continues to navigate economic challenges, regulatory discussions on digital currency signal a significant step toward modernization and financial inclusion.

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