Finance Minister Muhammad Aurangzeb has reiterated to support initiatives that foster inclusive growth, sustainable development, and community welfare.

Chairing a meeting of the Prime Minister's Committee on Social Impact Financing in Islamabad today, he also called for empowering the private sector to take the lead in driving meaningful social impact.

The Finance Minister highlighted the government's role in establishing a robust policy and regulatory framework for social impact financing. He also emphasized that the private sector should lead implementation efforts. He said the private sector has already been doing an outstanding job in this domain, and we must focus on creating an enabling environment rather than establishing yet another government institution. This aligns with the government's rightsizing objectives.

Muhammad Aurangzeb further stressed the importance of moving beyond charity to broader impact financing. He said digital solutions must be integrated to ensure efficient systems, while accountability and impact evaluation will build trust and credibility among stakeholders.

The session focused on advancing innovative financial solutions to drive social impact, enhance financial inclusion, and uplift marginalized communities in Pakistan.

The participants shared insights on blended financing models, public-private partnerships, and fostering microfinance initiatives. Proposals were made to ensure a comprehensive regulatory framework that encourages private sector innovation and safeguards investments.

The Finance Minister appreciated the commitment and contributions of all stakeholders and directed accelerated efforts to finalize the proposed policy framework.