Bangkok (GNP): Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, participated in the Citi Macro Forum Session and briefed international investors on Pakistan’s economic outlook and reform priorities.
The Finance Minister highlighted continued macroeconomic stabilization, three consecutive years of primary surpluses, a fiscal deficit at a 22-year low and strengthened foreign exchange buffers, while expressing optimism about growth reaching or exceeding 4% during the current fiscal year.
He outlined Pakistan’s capital market strategy, including further Panda bond issuances, Sukuk and a rupee-denominated, dollar-settled international bond, emphasizing diversification of funding sources, lower borrowing costs and longer debt maturities. He also discussed progress under the IMF programme, tax-base expansion, stronger enforcement and provincial coordination to sustain fiscal discipline.
Addressing the impact of the Middle East conflict, the Finance Minister outlined measures to maintain energy supplies and provide targeted relief to vulnerable groups within existing budgetary allocations. Discussions also covered climate resilience, disaster preparedness and effective utilization of development financing.
Also read: Aurangzeb Proposes NPC, Urges Action on Jobs and Human Capital
He reaffirmed Pakistan’s commitment to sustained reforms and a transition from aid towards trade and investment in its partnerships with other countries.
Sohail Majeed is a Special Correspondent at The Diplomatic Insight. He has twelve plus years of experience in journalism & reporting. He covers International Affairs, Diplomacy, UN, Sports, Climate Change, Economy, Technology, and Health.
