Finmin Aurangzeb sees Pakistan’s economy in a ‘good spot’
Finance Minister Muhammad Aurangzeb said on Tuesday that Pakistan’s economy was in a “good spot”, attributing this to macroeconomic stability and “geopolitical tailwinds”.
“Where we are as a country, we find ourselves in a good spot at this point and time because there is a confluence of factors,” he said, adding that macroeconomic stability combined with “geopolitical tailwinds” had boosted the economy.
The finance minister made these remarks in a virtual address at the second edition of the Pakistan International Maritime Expo and Conference 2025 (PIMEC-25), which is being held in Karachi.
In his address, the finance minister described blue economy as a game changer for Pakistan’s future growth. He also went on to say that Pakistan had received “external validation” for its economic policies.
He noted that Pakistan was currently part of an International Monetary Fund (IMF) programme. Stating that a staff-level agreement was announced last month, he said that this pointed to the confidence being reposed in Pakistani authorities.
He said that improved trade and investment flows which were expected in the coming months would help the country in moving toward sustainable growth.
Source: Dawn
