Prominent industrialist Arif Habib on Wednesday implored Prime Minister Shehbaz Sharif to foster reconciliation with neighbouring nations, particularly India, and to consider extending an olive branch to those incarcerated, including Pakistan Tehreek-e-Insaf (PTI) Founder Imran Khan.

During a high-profile conference attended by leading figures from the business sector, Arif Habib lauded Pakistan's recent economic strides, underlining a marked improvement witnessed in the nation's economic landscape over recent months.

'Immediate interest rate cut needed'

While addressing Prime Minister Shehbaz Sharif directly, Arif Habib pinpointed high interest rates as a pressing concern for both the government and businesses alike.

He emphasized that a prompt reduction in interest rates would not only catalyze economic activity but also engender a more favourable sentiment, thereby bolstering Pakistan's economic trajectory.

Moreover, Habib stressed the imperative of enhancing relations with neighbouring countries, notably India, echoing sentiments for dialogue expressed earlier during the conference.

He urged the premier to mend the country's relationships with its neighbours, including India, and even advised him to be open to talks with "those imprisoned in Adiala Jail."

His call for reconciliation resonated with Prime Minister Shehbaz Sharif's vision for inclusive economic growth and strengthened diplomatic ties.

Responding to the fervent appeals from the business community and Arif Habib's impassioned plea, Prime Minister Shehbaz Sharif reiterated his commitment to fostering an environment conducive to business growth and prosperity.

PM Shehbaz reaffirms to facilitate business ventures

In a resolute address to Karachi's business elites, Prime Minister Shehbaz Sharif reaffirmed his administration's dedication to facilitating business ventures, promising unwavering support to the entrepreneurial sector.

Stressing unity and cooperation, he urged businessmen to transcend provincial boundaries and collaborate effectively, particularly as Pakistan prepares to host a significant delegation of Saudi investors.

وزیراعظم شہباز شریف کراچی میں کاروباری برادری سے خطاب کررہے ہیں— فوٹو: ڈان نیوز

The premier's resolve to bolster economic ties resonated with the recommendations put forth by Arif Habib and echoed by members of the business community.

Encouraging dialogue and reconciliation, Shehbaz Sharif vowed to explore avenues for improved relations with neighbouring nations, echoing Habib's call for extending gestures of goodwill, even to those detained.

Furthermore, in a bid to streamline governance and address pertinent issues affecting the province, Prime Minister Shehbaz Sharif convened a meeting with federal and provincial cabinet members. Directing ministers to work collaboratively, he underscored the importance of synergy in tackling administrative matters, law and order challenges, and developmental projects.

The Prime Minister's day in Karachi culminated with a meeting with Governor Sindh Kamran Tesori, where discussions centred on administrative affairs, law enforcement, and the facilitation of federal government projects.

Additionally, Shehbaz Sharif took a moment to pay homage at Mazar-e-Quaid, urging the youth to play an active role in Pakistan's service and development.