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Aurangzeb vows to achieve sustainable economic growth

Finance Minister Muhammad Aurangzeb has reaffirmed government’s commitment to achieving sustainable and inclusive economic growth by enhancing productivity and promoting exports.

During a Zoom meeting with representatives of Standard and Poor (S&P) Global Ratings, he emphasized the continuity of reforms across key sectors including taxation, energy, state-owned enterprises (SOEs), privatization, public finance management, rightsizing of government functions, and more active debt management strategies.

He said the country’s foreign exchange reserves are projected to reach fourteen billion dollars by the end of June, supported by upcoming institutional and trade inflows, strong remittances and easing oil prices.

In another Zoom meeting with the office bearers and members of Overseas Investors Chamber of Commerce and Industry, Muhammad Aurangzeb underscored that progress had been made in stabilizing economy through disciplined fiscal management, improved coordination between federal and provincial governments and strengthened institutional mechanisms.

He reiterated that government is committed to a policy direction that not only sustains macroeconomic stability but also encourages long-term private sector-led growth.

OICCI acknowledged government’s efforts in engaging international partners and welcomed the sustained policy focus on structural reforms and investor confidence.

It also noted early signs of improved investor sentiment and reaffirmed its willingness to work with the government to reinforce economic progress.

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