Prime Minister Shehbaz Sharif has expressed strong optimism over Pakistan’s economic direction, declaring that recent positive indicators prove the government’s policies are not only correct but effective. Chairing a high-level review meeting of the Federal Board of Revenue (FBR), the Prime Minister reiterated his commitment to restoring economic stability and transparency in the country’s institutions.
Global Validation for FBR Reforms
During the FBR meeting, Prime Minister Shehbaz Sharif made a significant announcement: the government will now seek the services of globally recognized firms to conduct third-party validation of ongoing reforms within the FBR. This step, he explained, is aimed at ensuring transparency, boosting credibility, and reassuring both domestic and international stakeholders that the reform process is being implemented with integrity and effectiveness.
This is not just about improving revenue collection,PM Sharif stated. It’s about building trust — trust in our systems, our governance, and our resolve to root out inefficiencies and corruption.
Faceless Customs Assessment System: A Key Reform
One of the major reforms highlighted in the meeting was the Faceless Customs Assessment System, which is designed to automate and depersonalize customs assessments. This system eliminates human intervention in import valuation and classification, reducing the chances of corruption and manipulation.
The Prime Minister noted that the early results of this initiative have been encouraging, adding that similar reforms across other revenue and institutional sectors are also beginning to yield measurable improvements.
These changes are not cosmetic, he said. They represent a fundamental shift in how our institutions operate. The system is becoming cleaner, more efficient, and more accountable.
Fight Against Corruption
Shehbaz Sharif emphasized the government’s continued efforts to eliminate corruption and close the loopholes that have historically plagued state institutions. According to the Prime Minister, the process of institutional reform is moving at a rapid pace, with a clear focus on strengthening systems rather than relying on personalities.
He added that transparency, digitalization, and performance-based accountability are at the heart of these reforms.
We are overhauling structures that have been neglected for years,he noted. The people of Pakistan deserve institutions that serve them — not ones that are exploited for personal or political gain.
Economic Confidence on the Rise
The Prime Minister also pointed to the latest economic indicators, which show signs of recovery and stability, as evidence that the government’s economic direction is working.
Whether it’s inflation control, rising tax revenues, or improved investor sentiment, the signs are clear,he said. We are on the right path.
While challenges remain — such as external debt pressures, foreign exchange reserves, and trade imbalances — Shehbaz Sharif expressed confidence that consistent policy execution will steer the country towards long-term economic stability.
A Message of Hope
In his closing remarks, the Prime Minister reassured the public and international partners that the government remains committed to reforming Pakistan’s economy from the ground up. He acknowledged the hard work of public officials, the support of Pakistan’s development partners, and the patience of the people.
I have no doubt that Pakistan will emerge stronger, more transparent, and more prosperous,he said. We are not just fixing numbers; we are building a future.
The government’s decision to involve world-renowned audit and consulting firms to assess reform outcomes is expected to boost investor confidence and provide an objective measure of progress as Pakistan seeks to regain its footing on the global economic stage.
As reforms continue and momentum builds, the government hopes that this will be remembered as a turning point — where strong leadership, bold reforms, and a unified vision brought Pakistan closer to the promise of sustainable economic stability.
