Malik Muhammad Bostan, Chairman of the Exchange Companies Association of Pakistan (ECAP), expressed support for the finance reform program led by Senator Mohammad Aurangzeb to enhance Pakistan’s economy and investor confidence. He emphasized the need to limit government intervention and focus on private sector-led productivity.

Bostan noted improvements in Pakistan’s global standing, including recognition from U.S. President Donald Trump, and highlighted macroeconomic stability, with improved ratings and successful completion of the IMF program.

He emphasized the importance of equipping young people with digital skills for high-value jobs and discussed the increasing government debt, which has risen to 74.5% of the country’s GDP. Bostan proposed prioritizing IT, agriculture, and industry to boost revenue, warning that excessive taxes from the FBR are driving multinational companies away, risking job losses and increased poverty.