Finance Minister Senator Muhammad Aurangzeb met a delegation of the Pakistan Business Council (PBC), led by CEO Javed Kureishi and Chairperson Dr. Zeelaf Munir, at the Finance Division.
During the meeting, the Minister highlighted that macroeconomic indicators are showing positive trends, with reforms in state-owned enterprises, privatisation, and public sector restructuring laying the groundwork for sustainable stability. He reaffirmed the government’s resolve to maintain macroeconomic stability while fostering an enabling environment for business and investment.
Aurangzeb stressed the importance of upgrading ports, roads, and rail networks to boost domestic commerce and strengthen Pakistan’s external trade capacity. He also discussed tariff negotiations with the United States, which he said could create new opportunities for exporters, given emerging regional competitive advantages.
On foreign engagement, he shared outcomes of the Prime Minister’s recent visit to China, noting that high-level dialogues, B2B meetings, and new working groups had resulted in substantial traction, including the signing of multiple MoUs.
He further announced the relocation of the Tax Policy Office from FBR to the Finance Division, ensuring closer alignment of tax policy with overall economic planning. Addressing current challenges, the Minister outlined flood relief and rehabilitation efforts while drawing lessons from past experiences.
On inflation, Aurangzeb expressed confidence that pressures would remain contained, supported by lower oil prices reducing imported inflation. He also mentioned that the Steering Committee on Inflation, which he chairs, is actively monitoring developments and has already begun regular meetings.
The PBC delegation appreciated the government’s economic direction and assured continued support in policy research, consultation, and business-led initiatives to strengthen growth.
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