BMP warns industrial slowdown threatens jobs, investmentPublished on: October 19, 2026 2:58 AM
Pakistan, Oct. 19 -- The Businessmen Panel (BMP) has expressed concern over the decline in Pakistan's large-scale manufacturing (LSM) output on a monthly basis, warning that high production costs, heavy taxation, policy uncertainty and disruptions in goods transportation are undermining industrial growth and employment generation.
BMP Chairman and former Federation of Pakistan Chambers of Commerce and Industry (FPCCI) president Mian Anjum Nisar said the 4.96% month-on-month contraction in LSM output in August 2026 highlighted the fragile state of industrial activity and the need for immediate measures to restore business confidence.
According to provisional data released by the Pakistan Bureau of Statistics (PBS), LSM output increased 0...
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