Prime Minister Shehbaz Sharif says Rs800 billion was recovered in one year through enforcement measures without new taxes, highlighting structural reforms undertaken with business community support and stressing export-led growth, investment and continued government-industry coordination are vital
Premier Shehbaz says Rs800b recovered through enforcement alone, without new taxes, saying business-backed reforms reshape economy
Emphasizes structural reforms driven by sustained government-business teamwork
Seeks industry input on challenges confronting export enhancement and possible solutions to address them
Business community backs continued consultation to boost investment
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday said that Rs800 billion had been recovered within a year through enforcement measures alone, without imposing any new taxes, highlighting that long-pending structural reforms had been introduced over the past two and a half years through sustained consultation and teamwork between the government and the business community.
Addressing leading industrialists, businessmen and entrepreneurs, the prime minister welcomed members of the business fraternity and underscored the importance of continued government-business coordination for strengthening the country's economy, particularly through export-led growth.
وزیر اعظم محمد شہباز شریف سے ملک کے ممتاز صنعت کاروں اور کاروباری شخصیات کے وفد کی ملاقات ہوئی. وزیرِ اعظم کی برآمدات پر مبنی معاشی ترقی کے فروغ کے لیے کاروباری برادری کی تجاویز کا خیرمقدم، برآمدکنندگان کےلئےسپر ٹیکس سے استثنیٰ میں توسیع کے معاملے کا جائزہ لینے کی ہدایت.
وزیر… pic.twitter.com/9GxtcHEbnd
— Prime Minister's Office (@PakPMO) September 8, 2026
'Cases pending in courts for the past ten years had been pursued and followed up, particularly those relating to indirect sales tax paid by consumers, and such improvement in enforcement had not been witnessed before in the country's history,' he noted.
The prime minister recalled that, prior to the federal budget, multiple rounds of consultations had been held with the business community on various economic issues. He said the Finance and Commerce ministers, along with their respective secretaries, had also held meetings with stakeholders before his own interaction with the business community.
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اجلاس میں کاروباری شخصیات اور صنعت کاروں نے ملک میں میکرو اکنامک استحکام کو سراہتے ہوئے حکومت کی معاشی اصلاحات اور پالیسی اقدامات پر اعتماد کا اظہار کیا۔ کاروباری رہنماؤں نے وزیراعظم محمد شہباز شریف، نائب وزیراعظم اسحاق ڈار اور چیف آف ڈیفنس فورسز فیلڈ مارشل سید عاصم منیر کی… pic.twitter.com/70EjmzZUJZ
— Prime Minister's Office (@PakPMO) September 8, 2026
He said recommendations put forward by business representatives during earlier meetings, including at difficult times, had helped the government introduce structural changes with their support.
He termed the reform process a long journey achieved through collective effort and sustained teamwork between the government and the private sector.
The prime minister said it was for this reason that the International Monetary Fund (IMF), for the first time, extended relevant allowance, while the IMF Managing Director, during her interaction with the prime minister, had agreed to offer a tax waiver.
He said all these measures had been undertaken in consultation with the business community, describing them as part of a long journey accomplished through teamwork. He reiterated that the government would continue to move forward on this path with the guidance, support and assistance of the business community.
وزیراعظم محمد شہباز شریف کی آج اسلام آباد میں ممتاز صنعتکاروں اور کاروباری شخصیات کے وفد سے ملاقات ہوئی. وزیرِ اعظم نے کہا ہے کہ مشکل حالات کے باوجود مشاورت سے بنیادی اصلاحات کی گئی ہیں، انفورسمنٹ کے ذریعے ایک سال میں 800 ارب روپے ریکور کئے گئے، برآمدات پر مبنی معاشی ترقی اولین… pic.twitter.com/ASSbpCpwqX
— Prime Minister's Office (@PakPMO) September 8, 2026
PM Shehbaz Sharif emphasized that any economic growth achieved by the country must be export-led, saying growth without an export orientation would be meaningless.
He said it was for this reason that special tax relief had been extended to exporters in the federal budget.
The prime minister said the purpose of the meeting was to seek the business community's views, as the country had entered the first quarter of the fiscal year, on the challenges confronting export enhancement and possible solutions to address them.
'Continued Coordination to Increase Investment and Boost Exports'
Speaking on the occasion, business leaders appreciated the government's engagement with the business community and expressed confidence that continued coordination would help increase investment and boost exports.
Renowned businessman Arif Habib said the government had incorporated several proposals of the business community in the federal budget and expressed hope for increased investment and export growth during the current year.
Notable industrialist Amir Ibrahim said the meeting focused particularly on enhancing exports, including from traditional sectors as well as emerging areas such as telecommunications, digital infrastructure and artificial intelligence (AI).
He said business leaders had called for greater focus on AI infrastructure, including data centres and AI factories, to strengthen Pakistan's digital economy.
Another businessman, Umar Saeed, welcomed regular consultations between the government and industry, saying such interaction would help resolve business-related issues and improve the country's exports and economy.
Business leader Shehzad Saleem said the prime minister had keenly listened to the discussion and taken note of all the issues raised, adding that business leaders had also put forward several useful suggestions.
He said the prime minister had directed that the concerns of businessmen be resolved and urged that such meetings be held regularly.
Industrialist Javaid Balwani also appreciated the establishment of FBR offices in Karachi and Lahore, describing the initiative as helpful in facilitating the business community.
He said continued interaction between the government and business community would help improve the national economy and enhance exports.
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