Washington DC: Finance Minister Muhammad Aurangzeb addressed a series of investor forums organized by Citibank, Standard Chartered, and JP Morgan in Washington, where he discussed Pakistan’s economic trajectory and ongoing reforms aimed at strengthening growth. During his interactions with investors, Aurangzeb highlighted economic progress achieved over the past fiscal year and affirmed that key economic indicators are on a positive trend.

According to Ministry of Information and Broadcasting, the Finance Minister emphasized reforms in critical sectors such as taxation, energy, state-owned enterprises (SOEs), and the government’s right-sizing initiative. He outlined provincial governments’ roles in bolstering the tax-to-GDP ratio under the National Fiscal Pact signed by the Federal Government. Additionally, he detailed efforts by the Federal Board of Revenue (FBR) to enhance efficiency through upgrades in staffing, processes, and technology.

Aurangzeb also addressed investors’ inquiries on topics including the establishment of a Sovereign Wealth Fund, opportunities within Special Economic Zones, and ongoing negotiations regarding Power Purchase Agreements with Chinese Independent Power Producers (IPPs).