ISLAMABAD: Federal Minister for Investment Qaiser Ahmed Sheikh underscored the vital role of structural reforms in achieving sustainable economic growth during his keynote speech at the 5th Pakistan Prosperity Forum 2025, held at the Marriott Hotel in Islamabad. The event, organized by the Policy Research Institute of Market Economy (PRIME), centered on the theme “Reforms for Growth.”
In his address, Sheikh emphasized that Pakistan’s economic revival hinges on reforms aimed at improving predictability, transparency, and investor confidence. He emphasized that Pakistan is transitioning from a negotiation-based economy to a rules-based investment destination.
He highlighted the passage of the Asaan Karobar Act 2025 as a major milestone, stating that the Act legally ensures that no agency can impose business conditions not officially registered in the national regulatory registry.
“The reform is now a legal duty,” Sheikh said, referring to the Act as a foundational step in creating a business-friendly environment in Pakistan.
Sheikh also discussed the collaborative efforts between the Cabinet Committee on Regulatory Reforms (CCoRR) and the Special Investment Facilitation Council (SIFC), which are driving reform initiatives across the country.
The event brought together national and international economists, policymakers, business leaders, and development partners to discuss strategies for growth. Sheikh concluded by reaffirming the government’s commitment to simplifying and digitizing investment processes to accelerate economic development.
