Islamabad, November 12, 2025, Special Assistant to the Prime Minister on Industries and Production, Mr. Haroon Akhtar Khan, reaffirmed the government’s commitment to comprehensive economic reform and industrial revival while addressing the Pakistan Prosperity Forum 2025, hosted by the Policy Research Institute of Market Economy (PRIME) in Islamabad.
The event, titled “Charting a New Path Toward Limited Government and Lower Taxes,” brought together leading policymakers, economists, and thought leaders to deliberate on the role of liberty, economic freedom, and private sector dynamism in shaping Pakistan’s economic future.
In his keynote remarks, Mr. Haroon Akhtar Khan emphasized that Pakistan stands today at a critical inflection point in its economic journey, where the government is determined to replace short-term fixes with long-term, systemic reforms. “Economic stability is not achieved by chance; it is built through consistency, credibility, and competence,” he stated, echoing the vision of Prime Minister Mian Muhammad Shehbaz Sharif.
Mr. Khan outlined the government’s reform agenda across three major areas — tariff rationalization, regulatory modernization, and industrial revival.
He announced that under the New National Tariff Policy, Pakistan is transitioning from protectionism to competitiveness. The government has simplified the tariff structure into just four slabs—0%, 5%, 10%, and 15%—and is phasing out all Additional and Regulatory Duties. “We are making tariffs an engine of export-led growth rather than a barrier to trade,” he noted, adding that this policy alone will generate Rs. 175 billion in annual cost savings for industries.
