Meeting on Listed Companies Reforms Chaired by SAPM Haroon Akhtar Khan
Islamabad : Special Assistant to the Prime Minister for Industries and Production, Haroon Akhtar Khan, chaired a high-level meeting of the Regulatory Reforms Sub-Committee today to review reform measures concerning listed companies.
Representatives from the SECP, State Bank of Pakistan, and the Board of Investment, including Scott Jacob, attended the meeting.
The committee held a detailed discussion on reform strategies for listed companies, expressing concerns over Pakistan’s weak stock market performance, the limited scale of listed companies, and their low contribution to GDP.
Haroon Akhtar Khan highlighted that, on the directions of Prime Minister Shehbaz Sharif, efforts are being accelerated to make the regulatory system business-friendly by removing unnecessary restrictions.
“The vision of Prime Minister Shehbaz Sharif is to restore investor confidence and stimulate economic activity,” said Haroon Akhtar Khan.
“This vision is now becoming a reality through regulatory improvements that will promote business and investment.”
He further noted that reforms have been designed based on global best practices, focusing on less regulated, high-performance models with minimal restrictions, aimed at strengthening compliance mechanisms while encouraging operational flexibility.
“These reforms will reduce compliance pressures on businesses and help implement better regulatory standards,” he added.
“By adopting globally recognized, high-performance models with fewer restrictions, we aim to address structural challenges of listed companies.”
Haroon Akhtar Khan stressed that the regulatory system is being simplified and made more efficient to support investment growth. The reforms were developed in consultation with the private sector to promote sustainable economic development.
He concluded that alignment with international benchmarks will strengthen Pakistan’s capital market framework, advancing corporate sector modernization and facilitating a more conducive business environment.
Sohail Majeed is a Special Correspondent at The Diplomatic Insight. He has twelve plus years of experience in journalism & reporting. He covers International Affairs, Diplomacy, UN, Sports, Climate Change, Economy, Technology, and Health.
