PIBF Economic Revival Plan Proposed for Sustainable Economic Growth

Pak International Business Forum (PIBF) has presented a comprehensive economic revival strategy ahead of the upcoming federal budget, aiming to support industrial growth, increase exports, attract investment and improve Pakistan’s overall business environment.

The PIBF Economic Revival Plan highlights the need for business-friendly reforms, stable long-term policies and immediate structural improvements to strengthen economic activity and restore investor confidence across the country.

PIBF Centeral President Dr. Mushtaq Mangat stated that Pakistan’s economy requires sustainable economic planning instead of short-term fiscal measures. He emphasized that industries are currently facing major challenges due to high energy costs, expensive financing, complex taxation and rising fuel prices.

The PIBF leadership, including Secretary General Muhammad Ejaz Tanveer and Chief Organizer Pakistan Muaz Qazi, stressed the importance of reducing industrial costs and creating a competitive environment for businesses and exporters.

Under the PIBF Economic Revival Plan, the forum proposed lower interest rates, simplified taxation, regionally competitive energy tariffs and a fully digital one-window business system to facilitate investors and improve ease of doing business in Pakistan.

PIBF also recommended targeted support for export-oriented sectors, revival of development finance institutions and promotion of vocational training and digital skills to prepare Pakistani youth for modern economic opportunities.

The forum further emphasized policy continuity, business facilitation and stronger public-private coordination to ensure long-term economic stability and sustainable growth.

PIBF urged the government to consider these recommendations in the upcoming federal budget to strengthen Pakistan’s economy, support industries and promote investment across all sectors.