PM Shehbaz promises structural reforms to direct Pakistan towards the economic rebirth


Prime Minister Shehbaz Sharif speaks with the Pakistani Student delegation abroad selected for the Uraan Pakistan Govts internship program - Summer Scholars in Islamabad, July 12, 2025.
Prime Minister Shehbaz Sharif speaks with the Pakistani Student delegation abroad selected for the government’s internship program “Uraan Pakistan – Summer Scholars” in Islamabad, July 12, 2025.
  • The prime minister says that Pakistan avoided breach through the efforts of the IMF agreement.
  • Climate change caused a loss of $ 30 billion in the floods of 2022: Premier.
  • “FBR digitized, income jumps from RS12B to RS50bn.”

Islamabad: Prime Minister Shehbaz Sharif reaffirmed on Saturday his government’s commitment to achieve economic prosperity through structural reforms, institutional changes and a renewed approach to governance based on merit.

“The road is very challenging since there were very late reforms, and the structural changes had not taken place in recent decades,” he said when he went to a group of Pakistani students, who are receiving education in the leading world in educational institutes and selected for the Uraan Pakistan government’s government’s government program.

The prime minister emphasized that Pakistan had to undertake these long late structural changes, through tireless and long efforts.

At first, he pointed out that when the Pakistan-Nawaz Muslim League (PML-N) took over the Government for 2023, Pakistan faced a serious threat of non-compliance and its destination was in balance.

“The majority saw that Pakistan would breach, while the minority thought we will escape from this disaster,” he said, added that he maintained marathon discussions with the managing director of the International Monetary Fund (IMF) and said that Pakistan would not meet breach and reach the IMF program.

The prime minister said that in that period, the economy was in poor condition, with galloping inflation that touched 38%, while the policy rate was around 22.5%. The commercial atmosphere in the country was very skeptical.

The prime minister, in his comments, also said that they had the great burden and responsibility to march in unison and work with sincerity of purpose to change the situation.

He also referred to the reforms and digitalization of the Federal Income Board (FBR) and said they had shown doors to corrupt people without being influenced.

To eliminate corruption in FBR, he was very clear in his mind and made decisions that they had never made without paying attention to a culture of any ‘Sifarish’, he added.

The prime minister said that the FBR digitalization process was only limited to the documents, since there was no practical step and the corrupt and cunning elements were blamed for the system campaign.

He said he did not mean that there was a shortage of honest and honest bureaucrats who were not given the opportunity, and added that they had brought the best people in FBR, including their president, and hired expert consultants.

Now, he said that digitalization was the distinctive seal of FBR, where work had converted documents to multiple initiatives, including AI and faceless interaction.

Through the application of these measures, income collection had increased from RS12 billion to more than 50 billion rupees in a year, showing mass tax evasion in a single sector, he said.

“We have a long and thorny trip and face the mountain as impediments, but I assure that we will not shy away from downloading our duties to the service of the nation.”

In response to a student’s consultation, he said that due to climate change, Pakistan suffered a lot for 2022 floods, and the economy faced losses of $ 30 billion, despite the fact that the country did not contribute with a friction of the percentage in the global greenhouse effects.

The prime minister, answering a question, said that during the month of May, Pakistan faced the incalculist aggression of India in the context of Pahalgam’s incident.

He said he had offered a direct proposal to India to let this matter be investigated by international organizations, but India never commented on this proposal.

As a result of the Indian aggression, 55 Pakistani were martyred and responded in self -defense by knocking out six Indian planes, he said, adding that on May 9 and 10, after the attack of India, Pakistan responded with full power and taught the enemy a lesson.

The prime minister praised the Armed Forces for showing their professional skills and courage, saying that Pakistan won the conventional war.

He argued that Pakistan’s nuclear program was only destined for peaceful purposes and for self -defense.



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