Published on, Aug. 24 -- August 24, 2025 7:06 PM

The Ferozepur Industrial Association (FRIA) has welcomed signs of economic recovery but warned that reliance on stock market performance and remittances cannot replace genuine industrial revival, which is essential for sustainable national progress. FRIA Chairman Shahbaz Aslam stressed that true development depends on strengthening manufacturing, boosting exports, and directing credit towards production instead of speculative trading.

While acknowledging the Prime Minister's satisfaction over the stock market crossing 148,000 points and a USD 2.1 billion current account surplus, Shahbaz Aslam highlighted serious weaknesses. He noted that large-scale manufacturing shrank by 1.21 percent in...