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London: Finance Minister Muhammad Aurangzeb has reaffirmed Pakistan’s commitment to strengthening investment and trade with the United Kingdom. He expressed this commitment at a meeting with UK’s Finance Secretary Lord Livermore in London.
According to Radio Pakistan, Muhammad Aurangzeb highlighted Pakistan’s ambitious economic reform agenda focused on diversification and export-led growth. He said the recent government policies have led to economic stabilization, with improved indicators. He noted that the real GDP growth is projected at three percent for this year and four percent for the next year, while inflation has fallen to a historic low of 0.3 percent.
The Minister also emphasized ongoing efforts to digitize the tax system, which is expected to broaden the tax base and boost revenue. Lord Livermore commended Pakistan’s reform agenda and acknowledged the country’s commitment to broad-based economic transformation. He mentioned that the UK is also pursuing reforms across pensions, skills development, and trade.
The Finance Minister expressed appreciation for the UK Treasury’s continued partnership and support, particularly through the Foreign, Commonwealth and Development Office, which has provided valuable financial and technical collaboration.