PR No. 190
MEDIA BRIEF
Washington DC: October 23, 2024

Finance Minister, Mr. Muhammad Aurangzeb, interacted with the World Bank-IMF Staff Association. He provided an overview of the continued stabilization measures undertaken by Pakistan, supported by the IMF Extended Fund Facility. The Finance Minister expressed Pakistan’s resolve to sustain growth by achieving fiscal consolidation, improving the governance and management of SOEs, reducing high energy costs in the power sector, and raising productivity and competitiveness by creating a more favourable business environment for the private sector.

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