Govt moves to strengthen legal framework for investment growth

MG News | August 08, 2025 at 11:01 AM GMT+05:00

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August 08, 2025 (MLN): Pakistan has considered key legal reforms aimed at boosting investor confidence and improving the overall investment climate including proposed amendments to the Income Tax Ordinance 2001, reforms in the Protection of Economic Reforms Act 1992 and revisions to the General Clauses Act 1897.

The proposals were discussed during a meeting chaired by Special Assistant to the Prime Minister on Industries and Production, Haroon Akhtar Khan and attended by Prime Minister’s Coordinator Rana Ehsan Afzal representatives from various Chambers of Commerce and other stakeholders.

Emphasizing the importance of legal and institutional safeguards, Haroon Akhtar Khan stated that creating a secure and attractive environment for local and foreign investors is essential.

“Reviving investor confidence is essential to achieving sustainable economic stability,” he said.

The discussions reviewed the government’s broader push to drive economic growth and strengthen investor trust through focused policy and legislative reforms.

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