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Prime Minister Shehbaz Sharif Says Rs800bn Recovered Without New Taxes

Islamabad: Prime Minister Muhammad Shehbaz Sharif told a delegation of prominent industrialists and business leaders that the government recovered Rs800 billion through enforcement in one year without imposing new taxes. He said the recovery came through stronger enforcement, pursuit of long-pending tax cases and broader structural reforms carried out with consultation from the business community.

The meeting was held in Islamabad on September 8, 2026. The Prime Minister said Pakistan’s future economic growth must be export-led, arguing that growth without stronger exports would not be meaningful. He also said exporters had been given tax relief in the budget and asked business leaders to identify obstacles to further export growth.

During the same meeting, the Prime Minister directed authorities to review extending super-tax exemption for exporters and take immediate steps to address issues raised by the business community. Officials also highlighted progress in FBR digitisation and improvements in port operations and charges.

The government has separately expanded the Export Finance Scheme from Rs1 trillion to Rs1.5 trillion for FY2026-27, with Rs300 billion earmarked for SME exporters, agri-SMEs and new borrowers, reinforcing the broader export-led growth push.

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