Islamabad: Federal Minister of Finance and Revenue Muhammad Aurangzeb has expressed the expectation that due to control of financial deficit, stable currency, increase in remittances and stability in foreign reserves, Pakistan can have access to international financial markets in the next few months, which As a result, institutional financial support will increase.
According to the Federal Ministry of Finance, Finance Minister Muhammad Aurangzeb was met by the Ambassador of France in Islamabad, Nicolas Gall, where matters of mutual interest including trade, business and bilateral cooperation in the socio-economic sectors were discussed.
Finance Minister Muhammad Aurangzeb briefed the French ambassador about the state of the country’s economy and the significant improvement in economic indicators in the last 14 months.
He said that due to control of fiscal deficit, stable currency, increase in remittances and stability in foreign reserves, Pakistan can get access to international financial markets in the coming months and this will increase institutional financial support. .
He said that extensive reforms in various sectors, particularly in taxation, energy, privatization and governance, are a continuous process, aimed at putting the structure of the economy on the path of export-led growth and such direct non- To promote domestic investment which will increase the export potential.
According to the Ministry of Finance, the French ambassador appreciated the government’s reform agenda and the economic stability achieved on various economic fronts and said that the government has achieved the structural goals agreed with the International Monetary Fund (IMF) to achieve economic stability on a permanent basis. Has shown determination to maintain.
