Islamabad: Participants at Pakistan Economic Summit 2026 emphasized that creating new administrative units could play a key role in addressing the country’s long-standing governance and economic challenges.
Business leaders, legal experts, and policymakers agreed that structural reforms, policy consistency, and stronger public-private collaboration are essential for achieving sustainable economic growth.
Addressing the summit, renowned lawyer and Pakistan Bar Council member Ahsan Bhoon said the Constitution of Pakistan provides legal provisions for establishing new administrative units.
Referring to Article 1 of the Constitution, he explained that Parliament has the authority to declare any region a federal territory and alter provincial boundaries through constitutional mechanisms. He argued that improved administrative structures could help enhance governance and public service delivery.
President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Atif Ikram Sheikh, said the summit would strengthen cooperation between the government and the private sector. He noted that one of the event’s primary objectives was to ensure that the concerns of the business community reach policymakers.
He also stated that discussions had been held with the government regarding the powers granted to the Federal Board of Revenue (FBR), adding that safeguards would remain in place to prevent the misuse of authority.
Patron-in-Chief of the Korangi Association of Trade and Industry (KATI), SM Tanveer, highlighted the need to address weaknesses within the existing economic system.
He urged the government to place greater trust in the private sector, saying that with the right support, Pakistan’s exporters could significantly increase export volumes. Referring to Sialkot’s industrial sector, he expressed confidence that enabling businesses would lead to substantial export growth.
Several other speakers at the summit underlined that Pakistan’s long-term economic stability depends on accelerating reforms, maintaining consistent economic policies, and creating a more investment-friendly environment.
They stressed that policy continuity is essential for attracting both domestic and foreign investment while improving the country’s overall business climate.
Separately, Federal Interior Minister Mohsin Naqvi also supported the idea of establishing new administrative units, describing it as an important step toward improving governance.
He said the current administrative system has become ineffective and argued that creating new administrative units or provinces could provide a practical solution to governance challenges and contribute to Pakistan’s future development.
