Aurangzeb Calls for Export-Led Growth

Aurangzeb Calls for Export-Led Growth

ISLAMABAD (AIA) Finance Minister Muhammad Aurangzeb has said the upcoming budget will encapsulate the strategic direction for the country’s economy.

Addressing an event in Islamabad on Monday, he noted that the budget is not solely about revenue and expenditures but must also serve as a strategic roadmap. He said efforts are underway to make the budget document more strategic this time.

Aurangzeb stressed the need for export-led growth and expressed satisfaction that the economy has surpassed the US$400 billion mark.

He added that the international community is recognising Pakistan’s economic turnaround and the macroeconomic stability the country has achieved.

The finance minister reaffirmed the government’s commitment to continuing structural reforms in taxation, energy, state-owned enterprises (SOEs), and the right-sizing of the federal government to achieve sustainable growth. He said the privatisation process of SOEs will also be accelerated.

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