Islamabad: The Special Assistant to the Prime Minister on Industries and Production, Haroon Akhtar Khan, held an important meeting with a delegation of the Pakistan Chemical Manufacturers Association to discuss key issues facing the chemical industry, the upcoming federal budget, and the proposed petrochemical policy.The meeting was also attended by the CEO of the Engineering Development Board, Hammad Mansoor.
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During the meeting, detailed discussions were held on the challenges confronting the chemical sector, including high utility costs, elevated taxation, and the high cost of borrowing. Haroon Akhtar Khan acknowledged the pressures faced by industries and reiterated the government’s commitment to addressing these concerns through targeted reforms and policy support.
He emphasized that strengthening industries in line with the economic vision of Prime Minister Shehbaz Sharif remains a top priority. “We are taking concrete measures to promote industrial growth and encourage local manufacturing across all sectors,” he stated.
Haroon Akhtar Khan informed the delegation that the National Industrial Policy is being prepared to pave the way for sustainable growth and long-term development. He invited industry stakeholders to submit their detailed proposals and analytical recommendations so that practical and beneficial measures can be incorporated into the upcoming budget.
He further stated that under the leadership of Prime Minister Shehbaz Sharif, the government ensures comprehensive consultation with stakeholders before finalizing key economic decisions. The Engineering Development Board, he added, will present the Petrochemical Policy after thorough consultation with all relevant industries.
The Special Assistant assured that the forthcoming budget will be industry-friendly and aimed at facilitating businesses while also benefiting the general public. He noted that due to the tireless efforts of Prime Minister Shehbaz Sharif, economic indicators are gradually moving towards improvement.
The meeting concluded with a mutual understanding to maintain close coordination between the government and industry representatives to ensure inclusive and sustainable economic progress.
