Economy and Livelihood
An Economy That Serves People, Not Privilege
An Economy That Serves People, Not Privilege
Jamaat-e-Islami will pursue an economy in which wealth circulates through productive activity rather than remaining concentrated through monopoly, political influence, interest-based exploitation and privileged access to the state.
A binding Charter of Economy will establish long-term continuity on taxation, energy, exports, industrialisation, debt reduction, employment and social protection. The transition towards an Islamic financial order will be pursued through a phased programme based on profit-and-loss sharing, Islamic development finance, interest-free microfinance and Shariah-compliant public financing.
Key Policy Pillars
- Tax Justice: Exempt monthly salaries up to Rs125,000 from income tax, reduce excessive indirect taxation and eliminate unjust exemptions for powerful economic groups.
- Progressive Taxation: Introduce agricultural income taxation on large landholdings while protecting small cultivators, digitise land and water taxation and strengthen FBR enforcement.
- Government Austerity: Reduce non-development expenditure by a targeted 30 percent and eliminate unnecessary official privileges, luxury vehicles, excessive protocol and wasteful spending.
- Affordable Energy: Reduce electricity and fuel costs, review unjust IPP agreements, eliminate punitive billing structures and strengthen consumer protection.
- Energy Independence: Promote hydropower, nuclear energy, solar and wind manufacturing, battery storage and domestic energy technology.
- Industrialisation and Employment: Establish a National Industrial Renewal Programme focused on stable energy prices, export finance, technology transfer, industrial clusters and SME development.
- Public Enterprise Reform: Retain and reform strategic public assets, introduce professional management and ensure transparent, competitive processes wherever privatisation is necessary.
- Accountability and Clean Government: Restructure accountability institutions, eliminate political interference and publish procurement, development spending and government contracts.
- Labour Rights and Fair Wages: Enforce inflation-indexed minimum wages, timely salaries, occupational safety, social security and protection for informal and home-based workers.
- Productive Welfare: Replace political dependency with education, vocational training, healthcare, employment placement, small-business finance and digital skills.
- Tourism and Local Economies: Develop heritage, religious, cultural, coastal and ecological tourism while supporting local businesses and community employment.
- Overseas Pakistanis: Simplify digital and consular services, reduce remittance costs and provide investment facilitation and legal assistance.
- International Economic Relations: Strengthen trade, investment and technology partnerships, complete CPEC projects transparently and expand access to international markets.
Implementation Flow
Fiscal audit → Charter of Economy → Tax and energy legislation → Government austerity → IPP and public-enterprise restructuring → Industrial and SME investment → Employment expansion → Independent public audit
Fiscal Reform and Government Austerity
- Restructure taxation to place a fairer burden on those with greater financial capacity.
- Reduce unnecessary government expenditure and publish annual expenditure audits.
- Digitise taxation, land records and water charges.
- Eliminate unjustified tax exemptions and strengthen action against large-scale evasion.
Affordable Energy and Energy Independence
- Review and renegotiate unjust power-generation agreements.
- Reduce unnecessary fuel and electricity costs.
- Strengthen NEPRA's consumer-protection and competition role.
- Encourage renewable energy, hydropower, nuclear power and domestic energy manufacturing.
Industrial Growth and Public Enterprise Reform
- Introduce predictable taxation and stable industrial energy tariffs.
- Establish industrial clusters connected to universities and technical institutions.
- Support SMEs through export finance and simplified business registration.
- Introduce professional management, performance contracts and transparent procurement in state-owned enterprises.
Accountability and Labour Protection
- Restructure NAB, FIA and other accountability institutions to ensure independence.
- Publish government procurement, supplementary grants and contractor ownership information.
- Enforce minimum wages, timely salaries and workplace safety.
- Expand social-security coverage and protect informal and home-based workers.
Productive Welfare and Economic Opportunity
- Connect eligible welfare beneficiaries with education, training and employment.
- Expand interest-free microfinance and small-business support.
- Develop community-based tourism and local enterprises.
- Improve overseas Pakistanis' access to investment and consular services.
Core Outcomes
Measurable results expected from full implementation.
- Reduced tax burden on salaried and middle-income households.
- Fairer taxation of wealthy individuals and large landowners.
- Lower and more stable electricity and fuel costs.
- Reduced government waste and unnecessary expenditure.
- Expanded industrial production, exports and employment.
- More transparent and professionally managed public enterprises.
- Reduced debt dependence and stronger domestic investment.
- Inflation-linked wages and improved labour protection.
- Productive social protection and reduced poverty.
- Increased tourism, remittances and international trade.