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ہومBusinessFinance minister briefs global investors on Pakistan’s economic progress

Finance minister briefs global investors on Pakistan’s economic progress

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ISLAMABAD, Sep 5 (APP): Minister for Finance and Revenue Senator Muhammad Aurangzeb on Thursday held a virtual meeting with Johanna Chua, Head-Global Emerging Markets Economics, Citi Global Markets, its partners and investors from different parts of the world.

During the meeting, the minister presented a comprehensive overview of the Pakistan economy with focus on the stabilization and growth trajectory achieved over the last one and a half year that had brought back the interest of investors and lenders into Pakistan, a news release said.

He said Pakistan’s economy was moving in the right direction with serious and significant reforms undertaken in various sectors to ensure permanence to macroeconomic stability.

He said the decision to go for a $ 7 billion program with International Monetary Fund (IMF) was also aimed at ensuring permanence to macroeconomic stability and executing structural reforms.

The minister also answered questions from participants about the state of economy, ongoing economic reforms, including privatization, taxation, energy sector and the government’s efforts for promoting various sectors, including IT and agriculture.

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