WASHINGTON DC: The Federal Minister for Finance and Revenue Muhammad Aurangzeb attended a Seminar on “Opportunities and Challenges for the Pakistani Economy through 2024 and Beyond” hosted by the Atlantic Council on the sidelines of the IMF/World Bank Spring meetings in Washington DC.
In his address, he highlighted the prevailing economic conditions in Pakistan and measures being taken by the government to put the economy on a higher growth trajectory by facilitating exports, increasing remittances, expanding the tax-base, improving ease of doing business, digitalizing economy and attracting Foreign Direct Investment (FDI) into the Country.
Positive trends in the industrial activity, better agriculture outlook, and improvements in the Composite Leading Indicators (CLI) of Pakistan’s major export markets were all signs that economy was on a recovery path.
The implementation of reforms under the 9th IMF Stand-By Agreement (SBA) provided Pakistan with much-needed macro-economic stability.
Finance Minister, Mr. Muhammad Aurangzeb, addressed the Atlantic Council @AtlanticCouncil today on “Opportunities and Challenges for the Pakistani Economy through 2024 and Beyond”. He shared Pakistan’s roadmap to tackle economic challenges. (1/2) pic.twitter.com/EUKit3wp8W
— Ministry of Finance, Government of Pakistan (@Financegovpk) April 16, 2024
The finance minister said that Pakistan was prioritizing investment in key areas of agriculture, IT, mining and energy to enhance productivity and ensure sustainable growth. He invited international stakeholders to become close partners in Pakistan’s journey towards economic prosperity and development.
The Finance Minister Muhammad Aurangzeb is leading Pakistan’s delegation in the IMF / World Bank’s 2024 Spring Meetings being held in Washington DC.
