Minister for Finance, Muhammad Aurangzeb, has expressed the confidence that Pakistan’s economy is on the right track owing to the prudent fiscal management policies of the incumbent government.

He made these remarks during a panel discussion at AlUla Conference for Emerging Market Economies in AlUla city of Saudi Arabia today.

The discussion was moderated by the Managing Director International Monetary Fund Kristalina Georgieva.

The Finance Minister emphasized the government's commitment to implementing tough, but necessary policy choices to ensure long-term economic sustainability.

He also outlined key areas of focus, including taxation reforms, energy sector overhauls, and efforts to boost exports, which are crucial for stabilizing and growing Pakistan's economy.

Muhammad Aurangzeb highlighted that the incumbent government has transformed the economic "DNA" of the country, shifting towards an export-led growth model.

He underscored that this strategic pivot will not only strengthen Pakistan’s global economic standing, but also ensure more resilient and diversified growth in the future.