Washington DC: Federal Minister for Finance and Revenue, Mr. Muhammad Aurangzeb, held discussions with representatives from SandP Global yesterday, where he detailed significant strides in macroeconomic stabilization and fiscal consolidation. The minister highlighted that these efforts have led to positive developments across key economic indicators. He also noted a decrease in government financing costs, which is expected to reduce the burden of debt servicing.
According to Press Information Department, Mr. Aurangzeb conveyed optimism that the ongoing economic reforms and stabilizing measures would encourage SandP Global to upgrade Pakistan’s credit rating soon. The improvements discussed include enhanced fiscal policies and better management of the external accounts, vital steps toward achieving a more stable economic environment.