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Home / News & Current Events / Trending News / Key Highlights from Pakistan's Economic Advisory Council Meeting

Key Highlights from Pakistan's Economic Advisory Council Meeting

2025-02-21  Ejaz Younas

During the Economic Advisory Council (EAC) meeting the Prime Minister of Pakistan discussed ongoing consultations about regulating digital currencies, acknowledging the global shift toward their use. He emphasized the importance of assessing both the benefits and challenges of adopting digital currencies in Pakistan’s financial system.

The Prime Minister also focused on the collective effort required for economic stability, stressing the importance of enhancing regional trade and strengthening key sectors like industry, agriculture and IT. Efforts are underway to create jobs, increase exports and improve telecommunication access particularly in remote areas of Pakistan.

Participants praised the government’s reforms in tax and regulations, which have created a more business-friendly environment, boosting confidence in Pakistan’s economic growth and future prospects.

Regulation of Digital Currencies

At the Economic Advisory Council (EAC) meeting, the Prime Minister revealed that discussions are ongoing about regulating digital currencies. He highlighted that the global trend moving toward digital currencies, Pakistan is exploring their potential benefits and challenges in its financial system.

Strengthening Economic Growth and Stability

The Prime Minister emphasized that achieving economic stability requires collective efforts. He reaffirmed his commitment to maximizing regional trade potential while focusing on enhancing sectors such as industry, agriculture and IT development. A key goal is to increase job creation and exports with particular attention on building green data centers and expanding telecommunication access to underserved areas.

Commitment to Reforms and Growth

The Prime Minister’s team was praised for their efforts in implementing significant institutional reforms, which were seen as groundbreaking for the country. The government’s work to improve the tax system and simplify regulations has made Pakistan a more attractive place for business, contributing to growth in multiple sectors. The meeting concluded with optimism about Pakistan's economic future and ongoing progress.

 
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2025-02-21  Ejaz Younas

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