>

>

The "Pakistan First" Consensus: Tycoons Unite on a New Economic Patriotism

The "Pakistan First" Consensus: Tycoons Unite on a New Economic Patriotism

A powerful consensus is emerging among Pakistan’s business elite, linking Gohar Ijaz’s call to reject the 'Dubai hedge' with Fawad Anwar’s demand for policy reform. Together, they offer a unified ultimatum: the private sector is ready to drive national prosperity, but only if the state dismantles the structural barriers forcing capital abroad.

Liam Carter

A powerful and synchronized narrative is emerging from Pakistan’s business elite, signaling a decisive shift from "survival mode" to "national revival." Within the span of just ten days, three prominent industry heavyweights, Former Minister Dr. Gohar Ijaz, Pakistan Textile Council Chairman Fawad Anwar, and Pakistan Business Forum (PBF) President Khawaja Mehboob-ur-Rehman, have issued remarkably similar calls to action. Their collective message forms a "silver link" of economic patriotism: the realization that capital flight is a dead end, and the only sustainable path forward is to fight for a prospering Pakistan from within.

This is not a series of isolated complaints, but a cohesive blueprint for national recovery offered by those with the most to lose.

The "Silver Link": From Capital Flight to Economic Battle

The thread connecting these leaders is the rejection of the "Dubai exit strategy." At a high-profile dinner on December 17, Dr. Gohar Ijaz set the moral tone, revealing that Pakistanis have already parked a staggering $100 billion in Dubai real estate, a sum that eclipses the nation's external debt. His message was a blunt appeal to conscience: "Pakistan is a gold mine... if this capital had remained in Pakistan, would our GDP growth be less than six percent?".

This sentiment was immediately reinforced on December 23 by Khawaja Mehboob-ur-Rehman, President of the Pakistan Business Forum. In an urgent letter to the Prime Minister, Rehman framed the current crisis not just as a business slump, but as a national imperative. Drawing a parallel to the military’s success against terrorism, he argued that while the nation has demonstrated strength on the security front, "the next critical challenge is winning the economic battle". Both leaders are driving at the same truth: the business community cannot be spectators or refugees; they must be the vanguard of this new battle.

The Condition for Victory: Policy, Not Charity

However, this "Pakistan First" commitment is not unconditional—it requires a state that stops sabotaging its own defenders. Here, the silver link extends to Fawad Anwar, who provides the "how" to Gohar and Khawaja’s "why."

While Gohar Ijaz urges businessmen to bring their wealth back, Fawad Anwar and Khawaja Mehboob emphasize that the government must first dismantle the "policy-driven costs" that drove them away in the first place. Anwar’s warning that "Global buyers do not compensate suppliers for domestic policy distortions" is echoed perfectly by Rehman’s December 23 statement, which slammed the "artificial dollar control" and "uncompetitive tax regime" that are eroding industrial productivity.

Together, these three figures represent a maturing consensus. They are not asking for subsidies; they are demanding the removal of self-inflicted wounds, like 14-cent energy tariffs and stalled refunds, so they can answer Gohar Ijaz’s call to invest at home. The "silver link" is clear: Pakistan’s tycoons are ready to bet on their country, but they need the state to stop betting against them.

About

Delivering independent journalism, thought-provoking insights, and trustworthy reporting to keep you informed, inspired, and engaged with the world every day.

Featured Posts

Related Post

Mar 27, 2026

/

Post by

Dubai has served as the ultimate safety deposit box for Pakistan’s elite, a $12.5 billion offshore empire built on capital that fled the "fiscal guillotine" of Pakistan's industrial decline. But in 2026, the illusion of the safe haven has violently shattered.

Mar 26, 2026

/

Post by

Is Pakistan’s textile industry sinking? Despite billions in revenue, Gul Ahmed’s profits have imploded by 95%, forcing a strategic retreat and mass layoffs in Landhi. Explore how irrational energy costs, a 10% Super Tax, and a "hollow revenue model" are hollowing out the backbone of the export economy and driving Pakistan's industrial elite to export their capital instead of their cloth.

Mar 25, 2026

/

Post by

Pakistan’s “Super Tax” has evolved from a temporary fix into a permanent fiscal guillotine, pushing effective corporate rates to a crushing 40%. This predatory extraction is cannibalizing the documented sector, driving away global giants and triggering a massive brain drain of our brightest professionals. Unless the state stops treating its manufacturers as hostages, it will soon find its revenue targets built on the ashes of a hollowed-out economy.

Dec 17, 2025

/

Post by

Despite rising export numbers, Pakistan’s textile sector is collapsing under the weight of 'profitless growth.' With energy costs nearly double the regional average and billions trapped in government refunds, viable factories are shutting down, risking a permanent loss of global market share to Vietnam and Bangladesh.

Nov 27, 2025

/

Post by

100+ Textile Units Shut Down: Is This the End of "Made in Pakistan"?

Aug 17, 2025

/

Post by

Emotional intelligence gives business leaders a competitive edge. Learn how self-awareness, empathy, and social skills improve decision-making, team dynamics, and organizational success.

Mar 27, 2026

/

Post by

Dubai has served as the ultimate safety deposit box for Pakistan’s elite, a $12.5 billion offshore empire built on capital that fled the "fiscal guillotine" of Pakistan's industrial decline. But in 2026, the illusion of the safe haven has violently shattered.

Mar 26, 2026

/

Post by

Is Pakistan’s textile industry sinking? Despite billions in revenue, Gul Ahmed’s profits have imploded by 95%, forcing a strategic retreat and mass layoffs in Landhi. Explore how irrational energy costs, a 10% Super Tax, and a "hollow revenue model" are hollowing out the backbone of the export economy and driving Pakistan's industrial elite to export their capital instead of their cloth.

Mar 25, 2026

/

Post by

Pakistan’s “Super Tax” has evolved from a temporary fix into a permanent fiscal guillotine, pushing effective corporate rates to a crushing 40%. This predatory extraction is cannibalizing the documented sector, driving away global giants and triggering a massive brain drain of our brightest professionals. Unless the state stops treating its manufacturers as hostages, it will soon find its revenue targets built on the ashes of a hollowed-out economy.

Dec 17, 2025

/

Post by

Despite rising export numbers, Pakistan’s textile sector is collapsing under the weight of 'profitless growth.' With energy costs nearly double the regional average and billions trapped in government refunds, viable factories are shutting down, risking a permanent loss of global market share to Vietnam and Bangladesh.

Subscribe now to stay updated with top news!

Subscribe now to stay updated with all the top news, exclusive insights, and weekly highlights you won’t want to miss.

Subscribe now to stay updated with top news!

Subscribe now to stay updated with all the top news, exclusive insights, and weekly highlights you won’t want to miss.

Subscribe now to stay updated with top news!

Subscribe now to stay updated with all the top news, exclusive insights, and weekly highlights you won’t want to miss.