Finance Minister and British High Commissioner Discuss Economic Reforms and Cooperation


Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with British High Commissioner to Pakistan, Ms. Jane Marriott CMG OBE, to discuss Pakistan’s macroeconomic outlook, ongoing reform agenda, and ways to enhance economic and developmental cooperation between Pakistan and the United Kingdom.



According to Press Information Department, the Finance Minister expressed appreciation for the United Kingdom’s continued support for Pakistan’s economic reforms and acknowledged the longstanding partnership between the two countries across various sectors, including economic governance, fiscal reforms, and public finance. Discussions also covered Pakistan’s recent macroeconomic progress, the successful passage of the Federal Budget 2026-27, and measures to promote sustainable economic growth while maintaining macroeconomic stability.



The meeting included discussions on Pakistan’s efforts in population management and public health initiatives, with the Finance Minister highlighting the importance of institutionalizing population planning through a coordinated national framework. The Finance Minister also emphasized the Government’s strategy to deepen access to international capital markets as part of the Medium-Term Debt Management Strategy, focusing on sovereign financing initiatives and innovative financing instruments.



Reforms within the Federal Board of Revenue were reviewed, emphasizing modernization of tax administration through technology-driven systems to improve transparency and revenue mobilization. Discussions extended to the Government’s broader structural reform agenda, including energy sector reforms and privatization of selected state-owned enterprises.



The High Commissioner welcomed Pakistan’s progress in restoring macroeconomic stability and reiterated the United Kingdom’s support for ongoing reforms. Both parties discussed enhancing cooperation in trade, investment, financial markets, and climate resilience, underscoring the importance of close engagement between the two countries’ public and private sectors.



The Finance Minister reaffirmed the Government’s commitment to strengthening Pakistan-United Kingdom economic cooperation through sustained reforms and enhanced investment facilitation. Both parties agreed to maintain close coordination to advance mutual interests and deepen their bilateral partnership.

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