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Prime Minister Muhammad Shehbaz Sharif said on Saturday that there was no other way but to initiate drastic structural and economic reforms, for which unity, sacrifices and struggle of all stakeholders including business community was need of the hour, to face the prevailing challenges and steer Pakistan out of economic and other problems.

He expressed these views in a meeting with office-bearers of Lahore Chamber of Commerce and Industry (LCCI) and renowned businessmen and industrialists here at Governor’s House.

Punjab Governor Muhammad Balighur Rehman, LCCI President Kashif Anwar, Senior Vice President Zaffar Mehmood Chaudhry, Vice President Adnan Khalid Butt and a number of former LCCI presidents and business tycoons including Shahzad Ali Malik, Mian Misbahir Rehman, Almas Haider, Muhammad Ali Mian and Mian Anjum Nisar attended the meeting. Federal Finance Minister Ishaq Dar participated in the meeting through video-link while high-ups of various departments were also present.

The PM said the government was taking all possible measures for promotion of industry and agriculture, however, in the given circumstances and in the face of grave challenges, industrialists and business community would have to play their role even more actively for enhancing exports and stabilising the economy.

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