Finance Minister Aurangzeb aims at maintaining macroeconomic stability

Finance Minister Muhammad Aurangzeb has reaffirmed the government’s commitment to maintain macroeconomic stability while creating an enabling environment for business and investment.

Talking to a delegation of Pakistan Business Council (PBC), led by Chief Executive Officer Javed Kureishi and Chairperson Dr. Zeelaf Munir in Islamabad, he said the government fully recognizes the importance of upgrading port, road and rail infrastructure to further support domestic commerce and expand external trade opportunities.

He also touched upon the ongoing flood situation, outlining the government’s efforts in rescue and relief, infrastructure rehabilitation and need-based assessments while drawing on lessons learned from the 2020 floods.

The Finance Minister expressed confidence that price pressures will remain under control, supported by reduced oil prices that are keeping imported inflation in check. He noted that the government is closely monitoring developments and that the Steering Committee on Inflation, constituted by the Prime Minister, has already held its first meeting under his chairmanship, with the second meeting scheduled later this week.

The delegation appreciated the government’s economic direction and policy measures, assuring full support to the government in policy research and formulation.