ISLAMABAD: Prime Minister Shahbaz Sharif has announced that consultations are ongoing regarding the regulation of digital currency in Pakistan. The statement was made during a meeting of the Economic Advisory Council, which was chaired by the Prime Minister and attended by various council members.

The participants expressed confidence in government policies and provided suggestions for future growth, which were welcomed by the Prime Minister. In his address, Prime Minister Sharif emphasized that economic stability is a collective effort, not the work of any individual. He reiterated the government's commitment to sustainable economic development and highlighted efforts to promote trade in the region.

The Prime Minister stated that the government aims to enhance the competitiveness of local industries in international markets, with a focus on boosting exports and creating jobs. He also mentioned initiatives to establish green data centers and improve telecommunication services, particularly in remote areas, to increase IT exports and the number of freelancers. The Prime Minister further emphasised the ongoing efforts to regulate digital currency in Pakistan and expressed the importance of turning today's discussions into actionable plans.

During the meeting, participants commended the government's economic measures, noting that the country's economy is stable and moving towards growth.

They pointed out that stability in prices has led to increased production, and the government's action plan is being acknowledged by global economic institutions, investors, and the business community. Jahangir Khan Tareen, Saqib Shirazi, Shehzad Saleem, and several federal ministers, including Ahsan Iqbal and Rana Tanveer Hussain attended.

Published in The Daily National Courier, February, 20 2025

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