Washington DC: Federal Finance Minister, Mr. Muhammad Aurangzeb, engaged institutional investors at a roundtable event organized by Jefferies International, where he presented Pakistan’s recent economic achievements and reforms. The minister discussed various initiatives, including increasing the tax-to-GDP ratio, reducing losses in the energy sector, and improving the management of State-Owned Enterprises.
According to Press Information Department, Mr. Aurangzeb emphasized the success of Pakistan’s Stand-By Arrangement (SBA) with international bodies, which has been a significant driver of the positive economic indicators. His presentation covered efforts in accelerating privatization and containing federal expenditures through strategic downsizing.
The roundtable provided a platform for a fruitful QandA session, where investors engaged directly with Mr. Aurangzeb to clarify and discuss the future implications of the reforms on Pakistan’s economic landscape.