Finance Minister Senator Muhammad Aurangzeb has stressed need for effective projects to address climate change challenges.

Addressing "Climate Action for Pakistan" event organized by Acumen Pakistan in Islamabad today, he highlighted that climate change is an international issue impacting many regions.

Finance Minister stressed that private sector to play pivotal role in climate financing and assume leadership in this sector.

Muhammad Aurangzeb assured that Pakistan's economy is on a path to stability, with ongoing reforms aimed at fostering sustainable economic growth and development.

He emphasized need for expanding tax system, improving transparency and implementing energy sector reforms. He said current government is taking necessary measures in these areas.