Bangkok: The Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged in discussions with Mr. Jihad Azour, Director of the International Monetary Fund’s Middle East and Central Asia Department, to address Pakistan’s economic performance and ongoing reforms.
According to Press Information Department, the meeting involved a review of progress on key economic metrics such as revenues, inflation, growth, and the current account. Both parties acknowledged Pakistan’s resilience in the face of regional conflict and discussed measures for energy procurement and winter preparedness, along with ensuring adequate fertilizer supplies to maintain food security.
In their discussions, they emphasized the importance of stronger reserves, reducing forward foreign exchange liabilities, extending debt maturities, and lowering external repayment requirements. The Finance Minister reiterated Pakistan’s commitment to maintaining primary surpluses, reducing public debt, and implementing growth-friendly tax reforms while safeguarding social spending.
The dialogue also covered topics such as privatization, increased private-sector participation, and export-oriented growth to enhance resilience and creditworthiness. Both sides agreed on the necessity of sustaining reform momentum, political commitment, and effective communication, highlighting the connection between economic stability and national security.