Finance Minister Muhammad Aurangzeb has confirmed the government’s commitment to achieve permanent and inclusive economic growth by increasing productivity and promoting exports.
During a zoom meeting with representatives of the standard and poor (S&P) global ratings, he emphasized the continuity of reforms in major sectors including taxation, energy, state -owned enterprises (SOEs), privatization, public finance management, rights of government work and more active debt management strategies.
He said that the country’s foreign exchange reserves are expected to reach fourteen billion dollars by the end of June, supported to upcoming institutional and trade flows, strong remittances and reduced oil prices.
In another zoom meeting with members of the office bearrs and foreign investors Chamber of Commerce and Industry, Muhammad Aurangzeb said that there was progress in stabilizing the economy through disciplined fiscal management, improving coordination between federal and provincial governments and strengthened the institutional system.
He reiterated that the government is committed to a policy direction that not only maintains the comprehensive economic stability, but also encourages the leading development of the long -term private sector.
OicCI accepted the government’s efforts in confusing international partners and welcomed the continuous policy attention on structural reforms and investors.
It also paid attention to the early signs of better investor spirit and confirmed its desire to work with the government to strengthen economic progress.
