PR No. 210

FINANCE MINISTER HIGHLIGHTS ECONOMIC STABILIZATION, FISCAL CONSOLIDATION AND FINANCING DIVERSIFICATION AT JP MORGAN SEMINAR

Bangkok: October 15, 2026

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, participated in the JP Morgan Investment Seminar on “Pakistan: The Road to Resilience in a Turbulent Global Economy Landscape” on the sidelines of the World Bank Group–IMF Annual Meetings 2026 in Bangkok, Thailand.

The Finance Minister highlighted progress in macroeconomic stabilization, fiscal consolidation, revenue mobilization and sustained primary surpluses. Discussions covered strong remittances, improved foreign exchange reserves, a contained current account deficit and external debt repayments.

He outlined efforts to diversify international financing and replace costly borrowing without increasing the external debt stock. He reaffirmed commitment to the IMF programme and continued structural reforms, alongside prudent monetary policy to contain inflation.

The Finance Minister emphasized targeted support for vulnerable households, careful energy procurement and sustainable, export-led growth. Discussions also addressed federal–provincial fiscal coordination and stronger trade and investment partnerships.

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