UBL Leads Pakistan’s Largest Islamic Syndicated Financing
January 29, 2026
Islamabad and industry join forces for long-term growth. A new pact aims to align policy with private-sector ambition.
The federal government and the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) have formalised a partnership to advance Pakistan’s long-term economic roadmap through a memorandum of understanding signed in Islamabad.
The agreement was inked at the FPCCI President Secretariat by Federal Minister for Planning Ahsan Iqbal Chaudhary and FPCCI President Atif Ikram Sheikh. The two sides committed to working together to support the national goal of expanding Pakistan’s economy to $3 trillion by 2047 under the @Uraan Pakistan framework.
The arrangement focuses on deepening cooperation between policymakers and the business community to drive export-led growth, improve public-private collaboration and support implementation of key economic reforms.
Speaking at a joint press briefing, Atif Ikram Sheikh said the business community would fully support the initiative, stressing that industrial recovery depends on stable financing costs, reasonable energy prices and a predictable business environment. He also called for district-level development strategies and more focused export promotion.
Ahsan Iqbal said the Uraan Pakistan programme was built around sustainable growth and stronger exports. He added that government support from the private sector had helped stabilise the economy and that industrial revival remained central to long-term recovery.
