Speaking at a press conference in Islamabad, the finance minister said the government is pressing ahead with structural reforms, noting that progress is gradual but firmly on track.
He confirmed that a meeting on the National Finance Commission (NFC) Award is scheduled for next week, a development he called “long overdue yet crucial for financial harmony between the federation and provinces.
Aurangzeb emphasized the importance of climate financing, calling it no longer a luxury but a necessity. He highlighted encouraging signs from the manufacturing sector, where momentum has begun to pick up pace after a long dry spell.
According to him, Pakistan’s exports have grown by five percent overall, an uptick he described as small in size but meaningful in direction.
The minister said the government’s focus remains on maintaining economic continuity, adding that the IT sector has shown month on month resilience, with remittances also witnessing a steady rise.
The IT industry is proving itself as a bright spark in our economic landscape, he noted, praising private sector participation and stating that the government is committed to letting businesses breathe.
Aurangzeb pointed out that the recent cut in the policy rate has had a welcome effect on debt payments. He also confirmed that Pakistan is preparing for the rollout of its Panda Bond, calling it a timely move to diversify financial avenues.
We are all moving forward with the ‘Pakistan First’ agenda, he concluded, saying the government remains determined to stabilize the economy and steer it toward sustainable growth.
