Minister for Commerce, Jam Kamal Khan says foreign investment in the country is witnessing a substantial increase, which reflects economic stability.

Addressing a pre-budget seminar in Islamabad on Monday, he expressed the government's commitment to addressing the challenges, faced by industries.

The Minister said inflation is decreasing while policy rate in the country has also dropped due to prudent policies of the government.

He said the government is engaged with different relevant sectors and consultations are underway to prepare the budget for the next fiscal year.

Jam Kamal also stressed the crucial role of the National Export Development Board in tackling industrial issues and highlighted the importance of discussions on tariff-related matters to formulate new National Tariff Policy draft.

He noted that a transparent tariff structure is key to encourage foreign investment. He acknowledged the private sector's significant role in driving economic growth.

The Commerce Minister reaffirmed the government's determination to improve ease of doing business, addressing concerns such as tax regimes, sales tax issues, and capital mechanisms.