Pakistan government reviews new policy to revive local manufacturing sector

The Pakistani government has begun reviewing a new policy package aimed at reviving the country’s local manufacturing sector, with a focus on small and medium enterprises. Officials said the proposed measures include tax relief, easier access to bank credit, and reduced import duties on raw materials to support domestic production. Business leaders welcomed the move, stating that consistent policy support could help create jobs and reduce reliance on imports. Economic analysts note that the success of the initiative will depend on effective implementation and political stability in the coming months.