Washington DC: In a recent interaction with the World Bank-IMF Staff Association, Finance Minister Mr. Muhammad Aurangzeb provided a comprehensive overview of Pakistan’s ongoing economic stabilization measures supported by the IMF’s Extended Fund Facility. He emphasized the country’s commitment to sustaining growth through fiscal consolidation, enhancing the governance and management of State-Owned Enterprises (SOEs), reducing energy costs in the power sector, and boosting productivity and competitiveness to create a favorable business environment for the private sector.
According to Press Information Department, the Finance Minister articulated the government’s strategic initiatives aimed at maintaining economic stability and driving growth. These initiatives include improving fiscal management and creating conditions conducive to business and investment, particularly in energizing the private sector as a growth engine for the economy.
The interaction underscored Pakistan’s proactive engagement with international financial institutions to reinforce economic reforms and ensure sustainable development.
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