Karachi: Finance Minister Muhammad Aurangzeb has confirmed the government’s commitment to achieving sustainable economic growth by enhancing productivity and promoting exports, according to a recent press release.

In a Zoom meeting with representatives from Standard and Poor (S and P) Global Ratings, Aurangzeb emphasized the need for continued reforms in key sectors such as taxation, energy, and state-owned enterprises. He also stressed the importance of privatization, public finance management, rightsizing government functions, and adopting more active debt management strategies.

Aurangzeb projected the country’s foreign exchange reserves to reach fourteen billion dollars by the end of June. This increase is expected to be supported by incoming institutional and trade inflows, strong remittances, and easing oil prices.

In a separate Zoom meeting with the Overseas Investors Chamber of Commerce and Industry, Aurangzeb highlighted progress in stabilizing the economy through disciplined fiscal management and improved federal-provincial coordination. He reaffirmed the government’s commitment to a policy direction that maintains macroeconomic stability while promoting long-term, private sector-led growth.

The Overseas Investors Chamber of Commerce and Industry acknowledged the government’s efforts in engaging international partners and welcomed the focus on structural reforms and building investor confidence. The organization noted early signs of improved investor sentiment and expressed its willingness to collaborate with the government to support economic progress.