PR No. 157
Washington DC: April 19, 2024

Federal Minister for Finance and Revenue, Mr. Muhammad Aurangzeb, met with Citibank officials. Briefed them on the positive economic indicators including rising stock market, renewed interest of foreign buyers and institutional flows on the back of Stand-by Arrangement (SBA) signed with IMF. Informed that Pakistan had successfully repaid Eurobond on time. Further informed that government had initiated discussion with IMF on a larger and extended programme. Highlighted priority areas of taxation, energy sector overhaul and SOE reforms. *-*-*-*-* ?

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