Muhammad Aurangzeb, the minister of finance, has deemed the talks with global financial institutions productive.
Speaking at a press conference in Washington alongside Pakistan’s ambassador to the US, Masood Khan, he stated that recent economic data had led to a historically optimistic trend in the Pakistan Stock Market.
The Minister claimed that improvements were also being made to the revenue collection system through reforms.
According to him, Pakistan is headed towards financial stability since the government has a clear plan in place for reviving the economy.
Muhammad Aurangzeb emphasised the necessity of taking proactive steps to cut back on government spending as well.
On the fringes of the IMF/World Bank Spring Meetings, Muhammad Aurangzeb, the Federal Minister for Finance and Revenue, met with representatives from S&P Global and Fitch Ratings.