Islamabad: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb chaired a comprehensive session of the Economic Coordination Committee (ECC) today, discussing vital economic developments and strategies. Key attendees included multiple cabinet ministers and high-ranking officials who deliberated on Pakistan’s economic status and upcoming international engagements. The session highlighted significant macroeconomic stability, forecasting further improvements in economic indicators and discussing export strategies.

According to Press Information Department, the ECC meeting saw extensive discussions on various topics including the country’s current economic stability, achieved through what the Minister described as resilient remittance flows and stable IT exports. The Minister also pointed out the achievement of a single-digit inflation rate and a current account surplus, which he attributed to various strategic fiscal adjustments. The discussion also covered the government’s approach to borrowing, emphasizing sustainable and non-desperate borrowing practices that align with national terms and conditions.

The ECC considered several proposals during the meeting, including the export of surplus sugar to Tajikistan, which was approved in principle pending further negotiations. Another key agenda item was the approval of funds for constructing facilities for women in the tribal districts of Khyber Pakhtunkhwa, highlighting the government’s focus on infrastructure development and support for marginalized regions.

Senator Aurangzeb expressed optimism about Pakistan’s economic future, noting upcoming discussions with the IMF and emphasizing the need for continued macroeconomic stability as a foundation for sustained growth. The meeting underscored the government’s proactive measures to stabilize the economy and foster growth in various sectors through prudent fiscal management and strategic international cooperation.