Prime Minister Shehbaz Sharif Discusses Economic Reforms and Cooperation with China EXIM Bank Chairman

Beijing, In a key meeting today with Dr. Wu Fulin, Chairman of the China Export-Import Bank (EXIM), Prime Minister Muhammad Shehbaz Sharif outlined the progress of Pakistan’s government in implementing economic reforms aimed at enhancing governance, improving taxation, and facilitating ease of doing business to attract foreign direct investment.

According to Press Information Department, Prime Minister Sharif elaborated on the tangible benefits these reforms have already brought, including reduced food inflation, a narrowed current account deficit, and lowered public debt. He praised the EXIM Bank for its ongoing support in modernizing Pakistan’s industrial, agricultural, and IT sectors.

The discussions also explored the potential for the EXIM Bank to engage further in financing joint ventures and trade financing to elevate Pakistan’s export capacity in international markets. Dr. Wu highlighted the strategic partnership under the second phase of the China-Pakistan Economic Corridor (CPEC) and affirmed EXIM’s commitment to supporting sustainable development initiatives under the framework of ‘shared prosperity.’