Pakistan cuts energy, interest costs to fuel growth

October 27, 2025 (MLN): Pakistan is rolling out a series of policy measures aimed at reducing the cost of doing business and reviving industrial growth, according to Khurram Schehzad, Advisor to the Finance Minister.

In a post on X (formerly Twitter), Schehzad said the government has already made progress on two key cost fronts, energy and finance, while reforms in taxation and regulation are underway.

He noted that energy tariffs for industrial and agricultural users on additional consumption have been reduced from Rs38 to Rs23 per unit for three years, providing much-needed certainty to producers.

Interest rates, meanwhile, have been halved, improving access to affordable financing for businesses.

The government is also working to rationalize the tax structure, offering partial relief to the salaried and corporate sectors while intensifying compliance and enforcement within the undocumented economy.

Regulatory reforms are being introduced to simplify approval processes, cutting timelines from years to mere weeks or days.

Schehzad said the direction is clear: “Lowering the cost of doing business to make way for growth, investment, and jobs.”

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