Finance Minister Aurangzeb Reaffirms Commitment to IMF Programme

Bangkok:Finance Minister Muhammad Aurangzeb participated in the Bank of America Small Talks Symposium during the World Bank Group-IMF Annual Meetings in Bangkok, Thailand.

According to Radio Pakistan, the Finance Minister highlighted Pakistan's renewed access to international markets and efforts to replace costly, short-term debt with longer-term financing options.

Aurangzeb outlined improvements in external indicators, stronger foreign exchange reserves, and positive net international reserves as defined by the IMF. He reaffirmed Pakistan's commitment to completing the IMF programme and maintaining policy credibility beyond its completion.

Discussions at the symposium also addressed tax administration reforms, broadening the tax base, privatization, and growing investor interest. The Finance Minister emphasized the importance of sustainable, export-led growth through tariff reforms, competitive inputs, and targeted financing.

He also discussed measures to manage regional conflict, energy-price pressures, and climate shocks while aiming to strengthen trade and investment partnerships.

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