PM says export growth, industrial production top govt priorities

Prime Minister Shehbaz Sharif said on Tuesday that effective policy measures to increase exports, along with boosting domestic production of industrial products, were part of the government’s policy priorities.

He said this while chairing a review meeting on sectoral reforms and policy measures for increasing investment and overall economic growth, the Prime Minister’s Office (PMO) said in a statement today.

A briefing was given at the meeting on various policy proposals under consideration from the relevant ministries.

Addressing the meeting, the PM said that promoting industry and trade and increasing foreign investment are essential for the sustainable growth of the national economy.

“Reforms in the industrial and commercial sectors and various segments of the economy should focus on long-term economic benefits and public welfare.

Comprehensive work is underway in full swing on a strategy to meet future energy needs through alternative energy sources,” the PM said.

He further said that a comprehensive and effective electric vehicles policy was a key requirement of the time to meet the national needs for energy conservation and affordable transport.

“All ministries and experts should ensure meaningful consultation for the inclusion of modern technology in various sectors.

All ministries should work in cooperation and coordination for the formulation and implementation of effective development policies,” the PM said.

He added that administrative transparency and best performance in all reforms and measures are the government’s top priority.