Aurangzeb says Pakistan’s fiscal deficit falls to 22-year low
Pakistan's Finance Minister Muhammad Aurangzeb reported that the country's fiscal deficit has reached a 22-year low. The government is focusing on economic reforms, foreign exchange reserves, and targeted subsidies to maintain stability.
Why it matters
Economic stabilization in Pakistan is critical for regional stability and its ongoing relationship with international financial institutions like the IMF.
--> Home Business Aurangzeb says Pakistan’s fiscal deficit falls to 22-year low Finance minister highlights three consecutive primary surpluses, targets growth of 4% or higher this fiscal year
facebook --> twitter --> whatsup --> linkded --> email MORE (3) Messenger Whatsapp --> Finance Minister Muhammad Aurangzeb attends the MENAP meeting with the IMF managing director on the sidelines of the World Bank-IMF Annual Meetings in Bangkok on Wednesday. PHOTO: X Finance Minister Muhammad Aurangzeb on Wednesday told an International Monetary Fund (IMF) meeting that Pakistan's fiscal deficit had fallen to a 22-year low, with three consecutive years of primary surpluses and economic growth of 3.7 per cent, according to a statement issued by the Ministry of Finance.
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