AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Islamabad, At the recent G-24 Finance Ministers and Central Bank Governors’ Meeting in Washington DC, Pakistan’s Finance Minister Muhammad Aurangzeb called for increased private sector investment and effective use of the Adaptation Fund to help Pakistan manage the challenges posed by climate change.
According to Ministry of Information and Broadcasting, Minister Aurangzeb highlighted the urgent need for new investments during his address, focusing on the critical role of the private sector in driving economic growth and sustainability. He underscored the importance of the Adaptation Fund in providing necessary resources for Pakistan to adapt to environmental changes.
The Finance Minister also expressed gratitude towards international partners like the IMF and World Bank for their ongoing support to Pakistan. He further elaborated on the government’s current reforms in taxation, energy, privatization, and digitalization aimed at enhancing the country’s economic landscape.
This engagement at the G-24 meeting underscores Pakistan’s proactive steps towards securing financial stability and fostering significant economic reforms amid global economic challenges.