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Finance Minister Muhammad Aurangzeb interacted with the World Bank-IMF Staff Association in Washington DC and provided an overview of the continued stabilization measures undertaken by Pakistan.
The Finance Minister expressed Pakistan’s resolve to sustain growth by achieving fiscal consolidation, improving the governance and management of SOEs, reducing high energy costs in the power sector, and raising productivity and competitiveness by creating a more favourable business environment for the private sector.
Meanwhile, Finance Minister Muhammad Aurangzeb met with Assistant Secretary for International Finance of the US Treasury Department Brent Neiman in Washington DC.
The Finance Minister expressed gratitude to the US for its support in securing the IMF’s Extended Fund Facility for Pakistan.
Source: Radio Pakistan