The government is reaffirming its commitment to bolster the industrial sector, with Special Assistant to the Prime Minister on Industries and Production Haroon Akhtar Khan emphasizing efforts to shield and foster industry growth. Khan conveyed this during a meeting with the Pakistan Business Council, highlighting the administration’s focus on enhancing export strategies, import regulations, and refining tariff policies.

He addressed the business community’s concerns over rising production costs and complex tariff structures, assuring that Prime Minister Shehbaz Sharif is dedicated to enhancing export capabilities and streamlining the business landscape.

This announcement comes as key market indices exhibit varying trends. The KSE100 index saw a modest gain, while the KSE30 remained relatively stable. Meanwhile, both the KMI30 and KMIALLSHR indices experienced slight fluctuations, reflecting the uncertainty in the market. The KSEALLSHR index reported a minor decline, contrasting with positive movements in the BKTI and OGTI indices.

Market turnover stood at a substantial volume, indicating active trading, although the traded value showed mixed results. Despite the fluctuations, market capitalization remained robust, showcasing investor confidence amidst policy reassurances.

The government’s commitment to industry support is anticipated to resonate positively with stakeholders, as efforts to mitigate economic pressures continue.