Washington DC (TDI): Federal Minister for Finance and Revenue Muhammad Aurangzeb said on Wednesday that Pakistan’s economic indicators had significantly improved thanks to the Stand-By Arrangement with the International Monetary Fund (IMF).
He made these remarks during a round-table conference with institutional investors organized by Jefferies International in the US capital.
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During the session, the Finance Minister emphasized ongoing reforms aimed at boosting the country’s economic stability.
“Key reforms include increasing the tax-to-GDP ratio, reducing losses in the energy sector, enhancing the governance of State-Owned Enterprises (SOEs), accelerating privatization efforts, and cutting down on government spending through right-sizing,” he said.
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The roundtable concluded with a Q&A session, where investors had the opportunity to discuss Pakistan’s economic outlook and reforms directly with the Finance Minister.
