Business Leaders Praise Moody’s Upgrade As Historic Push To Pak Economy

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Islamabad:  Rising tobacco and nicotine use among Pakistan’s youth, especially around educational institutions, emerged as the central concern at a national review session on tobacco control held by the Aurat Foundation in Islamabad. Participants from Parliament, government departments, health organizations, and civil society warned that easy availability of cigarettes, vapes, nicotine pouches, and flavored tobacco near schools is creating a growing public health threat. The discussion also pointed to a noticeable increase in tobacco use among women, indicating a shifting trend. The session called for stronger legislation, faster policy action, and strict enforcement to counter the rapid spread of emerging nicotine products. Speakers emphasized that existing laws remain poorly implemented due to procedural delays, weak monitoring, and limited coordination between federal and provincial bodies. The need for clear parental awareness, community engagement, and better recognition of new nicotine products was highlighted as an essential part of early prevention. Officials noted that families and schools often remain unaware of modern products marketed to young people. Technical briefings identified major enforcement gaps and policy loopholes that allow the tobacco industry to expand its reach. Participants noted that companies are increasingly using social media trends, entertainment content, and youth-focused marketing to promote vaping in urban areas. Government representatives reaffirmed ongoing federal efforts to implement the Prohibition of Smoking and Protection of Non-Smokers Health Ordinance 2002 and to tighten regulations where required. Provincial representatives also announced plans to introduce new resolutions to strengthen tobacco control. Education sector officials raised alarms over the rise of nicotine products around private institutions and called for tougher regulatory checks. Regulatory authorities stressed the need for a broader social movement to counter tobacco use nationwide. Closing the event, the Aurat Foundation reiterated its commitment to evidence-based advocacy, cross-sector collaboration, and long-term public awareness initiatives aimed at building a healthier, tobacco-free society.

LAHORE: Pakistan’s recent credit rating upgrade by Moody’s International has been praised by leading business and industrial figures as a “historic and welcome development” that will significantly boost the country’s economic prospects.

In their reaction over the development, President Lahore Chamber of Commerce and Industry (LCCI) Mian Abuzar Shad, Senior Vice President Engineer Khalid Usman, Vice President Shahid Nazir Chaudhry, former FPCCI President and current SAARC Chamber Vice President Mian Anjum Nisar, economist Khawaja Shahzeb Akram, business leader Ahsan Shahid, and renowned importer Khurram Lodhi said the improvement would uplift industry and trade while enhancing Pakistan’s image globally.

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LCCI President Mian Abuzar said the upgrade is proof Pakistan is moving in the right direction, offering a clear signal to foreign investors about the country’s stability and vast opportunities. He predicted a rise in foreign direct investment, job creation, export growth, and industrial development.

Mian Anjum Nisar termed the Moody’s report more than a technical rating, describing it as a strong endorsement of Pakistan’s global standing. He called for active economic diplomacy to turn this momentum into concrete trade agreements and investment deals.

He also highlighted that with an improved rating, Pakistani banks could secure cheaper international loans, easing business financing.

Read more: Moody’s Improves Pakistan’s Credit Rating On Better Financial Position

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