Cheaper Electricity to Boost Pakistan’s Export Competitiveness: PM Shehbaz Sharif

Prime Minister Shehbaz Sharif has emphasized the urgent need to cut electricity prices to boost industrial growth and make Pakistani products more competitive globally. Speaking at the Economic Advisory Council meeting, he highlighted how high energy costs drive up production expenses, hurting local industries against international competition. The Prime Minister praised his economic team for successfully negotiating with the IMF to lower energy tariffs, aiming to ease the burden on businesses, stimulate exports, and drive economic growth. The meeting also addressed key strategies such as improving transport infrastructure, enhancing vocational training, and focusing on value-added exports to create skilled jobs and increase the global value of Pakistani products.

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