Speaking to the media, Aurangzeb said the government has been taking continuous measures to stabilize the economy and curb inflation, and positive results have started to emerge.
He said the government aims to provide maximum relief to the common man in the next fiscal year’s budget.
The finance minister said improving the tax collection system is essential for economic stability. He noted that instead of introducing new taxes, the government is focusing on bringing untaxed individuals and sectors into the tax net.
Better enforcement and compliance, he added, would increase national revenue and provide more resources for development projects.
Muhammad Aurangzeb said controlling inflation remains one of the government’s top priorities, and various economic reforms are underway to achieve this goal.
He expressed hope that the public would witness further economic improvement in the coming months.
Responding to a question, the finance minister said Pakistan is playing an active diplomatic role in promoting peace and reducing tensions in the region.
He said the international community is appreciating Pakistan’s diplomatic efforts and the country’s positive image is strengthening globally.
He also urged political parties to cooperate for the sake of economic stability and avoid unnecessary criticism, saying economic progress cannot be achieved without political stability.
Highlighting the importance of agriculture, Aurangzeb described the sector as the backbone of Pakistan’s economy. He said the use of modern agricultural technology could significantly increase the production of wheat and other crops.
According to the minister, some farmers using advanced farming methods have already increased wheat production to 60 to 70 maunds per acre, calling it a positive development.
The finance minister further said Prime Minister Shehbaz Sharif is fully aware of the challenges faced by the agricultural sector, and the government is working on various initiatives to support farmers.
He added that an increase in agricultural production would also boost Pakistan’s exports and further strengthen the national economy.
