The All Pakistan Business Forum (APBF) has welcomed the economy’s performance during the current fiscal year, saying that Pakistan has demonstrated remarkable resilience despite facing multiple domestic and international challenges, including regional conflicts, adverse weather events and uncertainties in global trade.
APBF President Syed Maaz Mahmood and APBF Chairman Ibrahim Qureshi said that the latest economic indicators reflect gradual progress toward macroeconomic stability and provide a foundation for sustainable growth in the coming years. They observed that maintaining positive economic momentum under exceptionally difficult circumstances is a noteworthy achievement that should be further strengthened through business-friendly policies and structural reforms.
The APBF leaders said that the economy’s growth performance, although below initial expectations, remains encouraging when viewed against the backdrop of geopolitical tensions in the Middle East, disruptions in global supply chains, severe weather-related challenges and changing international trade dynamics. They noted that many developing economies have struggled under similar conditions, making Pakistan’s ability to maintain positive growth particularly significant.
Syed Maaz Mahmood said that the government’s efforts to stabilize the economy have helped restore confidence among investors, businesses and international financial institutions. Improvements in key macroeconomic indicators, including relative exchange rate stability, better fiscal management and stronger industrial activity, have contributed to a more predictable business environment.
He observed that the manufacturing sector has shown encouraging signs of recovery, reflecting the resilience of Pakistani industry despite persistent challenges. The performance of large-scale manufacturing, in particular, demonstrates that businesses remain capable of expanding production when provided with a supportive policy framework and improved economic conditions.
The APBF president said that maintaining economic stability is a prerequisite for attracting both domestic and foreign investment. Investors seek predictability and confidence in economic management, and recent improvements have strengthened Pakistan’s prospects as an investment destination. However, he emphasized that stability must now be translated into higher growth, greater industrial output and stronger export performance.
Ibrahim Qureshi stated that while challenges remain, the country has made important progress in addressing economic imbalances that had previously threatened stability. He said that disciplined fiscal management, efforts to broaden the revenue base and measures aimed at reducing economic vulnerabilities have contributed to improved economic fundamentals.
The APBF leadership noted that inflationary pressures, energy costs and financing expenses continue to affect businesses and consumers. They urged the government to build upon recent gains by introducing measures that lower the cost of doing business, facilitate investment and support industrial competitiveness.
Syed Maaz Mahmood said that special attention should be given to small and medium-sized enterprises, which play a crucial role in employment generation and economic growth. Improved access to finance, simplified regulations and targeted incentives would help these enterprises expand and contribute more effectively to the economy.