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Results of Prudent Economic Policies. Fiscal restraint and reforms to stabilise the economy: Aurangzeb

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All sectors have significantly improved as a result of the government’s sensible economic measures, according to Finance Minister Muhammad Aurangzeb.

“The government is dedicated to building on the hard-earned macro-stability to further strengthen the country’s economy,” he added in a televised statement.

According to the Finance Minister, the nation’s GDP, which is currently worth $300 billion, is expected to grow to three trillion dollars by 2047.He claimed that because to the government’s implementation of economic reforms and display of fiscal restraint, the nation’s economy has now stabilised. Speaking on the recent IMF delegation visit to Pakistan, he stated that it is a continuous dialogue process and that talks on public finance, the privatisation agenda, and energy and SOE reforms were discussed. He added that he had met with counterparts from the US Treasury, the United Arab Emirates, Saudi Arabia, China, Turkiye, and representatives of many rating agencies. He stated that every sector must fulfil its proper part in revenue and taxation, as the government is strict about compliance and enforcement.

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