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Business & Finance

Aurangzeb discusses economic cooperation, reform agenda with British envoy

  • Finance minister gives a briefing on efforts to maintain macroeconomic stability, strengthen reforms, and boost investor confidence
Published Updated

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb discussed on Monday bilateral cooperation, economic reforms, regional developments, and continued engagement on matters of mutual interest with Jane Marriott CMG OBE, British High Commissioner to Pakistan.

As per a statement, the minister shared the government’s perspective on the evolving global economic environment and its implications for Pakistan’s economy, “particularly in the context of regional geopolitical developments and energy market volatility”.

Aurangzeb also outlined the government’s ongoing efforts to maintain macroeconomic stability, manage external sector pressures, and sustain the momentum of economic reforms aimed at ensuring long-term growth and resilience.

The minister also highlighted improvements in key economic indicators, including stability in the external account, continued strength in remittance inflows, and growing investor confidence.

“He also briefed the British High Commissioner on measures being undertaken to broaden the tax base, strengthen revenue mobilization, improve compliance, and enhance transparency through technology-driven reforms and digitalization initiatives,” the statement said.

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Aurangzeb further emphasized the commitment to policy continuity, fiscal discipline, and structural reforms, including efforts to improve public sector efficiency, strengthen institutional coordination, and create an enabling environment for private sector-led growth and investment.

The two sides also covered the importance of effective communication and public engagement in sustaining support for the reform agenda.

Regional and global developments, including their economic and humanitarian implications, also came under discussion.

“Both sides acknowledged the importance of dialogue, international cooperation, and coordinated efforts to address emerging challenges affecting economic stability and global supply chains.”

The British High Commissioner appreciated Pakistan’s continued engagement on regional issues and reaffirmed the United Kingdom’s support for Pakistan’s economic reform efforts and development priorities, added the press release.

Moreover, the two sides also discussed matters relating to climate resilience, population planning, social sector coordination, and cooperation with international financial institutions.

“The meeting ended with a shared commitment to further strengthening Pakistan-United Kingdom bilateral relations and enhancing cooperation across economic, development, and institutional sectors.”

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