Wednesday, 14 October 2026, 03:36:00 am


 
Aurangzeb stresses sustained reforms to translate stability into growth
October 13, 2026

Finance Minister Muhammad Aurangzeb has stressed the need for sustained implementation of reforms to translate macroeconomic stability into sustainable growth and public welfare.

He said this in a panel discussion titled "Mitigating Sovereign Risks in Market-Access Countries" on the sidelines of the World Bank Group-IMF Annual Meetings 2026 in Bangkok, Thailand.

The Minister reaffirmed national ownership of taxation, energy, state-owned enterprises and pension reforms under the IMF-supported programme and emphasised revenue mobilisation, tax administration reforms, expenditure restraint and privatisation to strengthen economic resilience.

He highlighted Pakistan's progress in fiscal consolidation, reducing inflation and rebuilding foreign exchange reserves and outlined debt management measures to lower financing costs, extend maturities and reduce rollover risks.

Muhammad Aurangzeb noted that renewed market access supports a strategy to improve the external debt profile without increasing its overall size.