Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with the team from Moody’s in Washington D.C. on the sidelines of the IMF–World Bank Spring Meetings.
The Finance Minister shared the progress on the Government’s structural reform agenda which had firmly set Pakistan on a trajectory of economic growth. He highlighted strong economic indicators, including low inflation, primary and current account surpluses, a stable exchange rate, and record levels of remittances.
The Minister emphasized the comprehensive tax reforms being undertaken to broaden and deepen the tax base, with a special focus on people, process, and technology.
Regarding tariff-related matters, the Minister expressed the Government’s resolve to engage constructively with the United States Administration.