Islamabad, 5 September 2024 (TDI): Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a virtual meeting with Johanna Chua, Head-Global Emerging Markets Economics, Citi Global Markets, and its partners and investors from different parts of the world on Thursday, state-run *APP* reported.
During the meeting, the Finance Minister presented a comprehensive overview of the Pakistan economy with a focus on the stabilisation and growth trajectory achieved over the last one and a half years that had brought back the interest of investors and lenders in Pakistan.
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Aurangzeb apprised the delegation of the improving economic situation of the country, including the 14% increase in exports, a decline in consumer price inflation (CPI) from 11 percent to 9.6 percent in August 2024, and an overall decline in the Current Account deficit.
He said that the $7 billion IMF programme would ensure macroeconomic stability and execute structural reforms.
The minister also answered questions from participants about the state of the economy, ongoing economic reforms, including privatisation, taxation, energy sector and the government’s efforts to promote various sectors, including IT and agriculture.
