Peshawar: Minister for Finance and Revenue Senator Muhammad Aurangzeb has emphasized that the government’s role is to ensure macroeconomic stability, introduce structural reforms and provide the right ecosystem for business and investment in the country. Addressing the “Pakistan Business Summit” in Peshawar today, he underlined the government’s commitment to creating an enabling environment for the private sector to lead Pakistan’s economic growth.

According to Radio Pakistan, Senator Aurangzeb reviewed recent economic progress, highlighting a sharp decline in financing costs following reductions in the policy rate. He noted improvements in foreign exchange reserves, which now cover close to three months of imports, and stability in the exchange rate. These developments, he said, have strengthened investor confidence and facilitated the repatriation of dividends and profits.

The Minister also mentioned a significant improvement in remittances, which reached 38 billion dollars last year and are projected to grow to 41 to 43 billion dollars during the current fiscal year. He further pointed out that Pakistan successfully repaid 500 million dollars in Eurobond obligations in September without market disruption and is well-positioned to meet the upcoming 1.3 billion dollars repayment in April 2026.

Senator Muhammad Aurangzeb reaffirmed the government’s resolve to implement comprehensive tax reforms, separating tax policy from tax administration to restore credibility and consistency for investors.