Speaking at a Pakistan Stock Exchange function, the minister disclosed that February’s current account deficit had stayed positive. He went on to emphasize the stock market’s critical role in propelling economic growth, highlighting its significance in promoting investment and enhancing overall economic activity.
Along with mentioning ongoing talks, he expressed the government’s intention to obtaining assistance and direction for actions aimed at economic reform from the International Monetary Fund (IMF).
Aurangzeb also declared that he was confident in the government’s economic policies and that they will play a major role in boosting the economy. Additionally, he acknowledged that the actions of the caretaker government helped provide the foundation for subsequent advancements.
The finance minister highlighted the interactions with the IMF and disclosed intentions to meet with the organization in Washington in the near future.
“We will maintain microeconomic stability with the IMF as we go toward a significant program with them. We will require a three-year plan with the IMF,” he said, mentioning that the Fund’s meetings were set for April 14 and 15.
