Finance Minister Urges Development of Robust, Export-Oriented Economy

In a recent address at the inaugural session of the Pakistan Banking Summit 2025, Federal Finance Minister Senator Muhammad Aurangzeb emphasized the government’s commitment to structural reforms aimed at fostering a resilient economy and facilitating sustainable growth. He underscored the importance of an export-led growth strategy, encouraging contributions from all sectors while highlighting significant progress in macroeconomic stability, as evidenced by improvements in key indicators such as the current account balance and inflation. Aurangzeb laid out a comprehensive reform agenda, including tax policy formation and enhancements in various sectors, while acknowledging the challenges posed by population growth and climate change. He praised the provincial legislation on agriculture income tax as a landmark reform and stated that the government is re-launching the privatization of Pakistan International Airlines (PIA). The finance minister also called for active participation from the business community in policy-making and reiterated the critical role of banks in financing key sectors like SMEs and agriculture.

Finance Minister Urges Development of Robust, Export-Oriented Economy

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