Federal Finance Minister Muhammad Aurangzeb has stated that Pakistan’s economy is moving in a positive and stable direction, crediting recent government initiatives for the progress.
During his visit to the United Kingdom, the minister is engaging with members of the business community to encourage foreign investment in Pakistan.
Addressing a press conference in London, Aurangzeb highlighted that the Pakistan Stock Exchange has reached an all-time high, a result of the government’s sound economic policies. He added that inflation and policy interest rates have also seen a significant decline.
The finance minister noted that global observers are acknowledging Pakistan’s economic recovery and stability. He emphasized that the government is implementing a broad reform agenda, particularly focusing on improving the tax system and expanding the tax base to enhance revenue generation.