Federal Finance Minister Muhammad Aurangzeb stated the country’s newfound stability, attributing it to robust economic policies. Speaking at an event in Islamabad, he outlined key priorities, including expanding the tax base, addressing energy challenges, and reforming public institutions.
Aurangzeb highlighted the government’s commitment to swift privatization and expressed optimism about completing the agenda by June or July. He acknowledged the importance of the 24th IMF program, aiming for it to be the last, with a focus on boosting exports, attracting foreign direct investment (FDI), and accessing international capital markets to reduce reliance on external funding.
Stating the role of the private sector in driving economic growth, Aurangzeb pledged government support and urged private sector leadership. He noted a steady increase in foreign exchange reserves and efforts to attract foreign investment, highlighting a 10-month stability in Pakistan’s currency.
