National ( The cow news digital ) Federal Finance Minister Muhammad Aurangzeb has stated that Pakistan’s economy is moving in the right direction despite ongoing domestic and global challenges, emphasizing that macroeconomic stability remains a key priority for the government.
Speaking at a public event, the finance minister said that the government’s primary focus is on improving the current account balance and maintaining fiscal discipline. He expressed hope that international tensions, particularly between the United States and Iran, would ease in the near future, which could positively impact global economic conditions.
Aurangzeb underlined that strengthening the role of the private sector is central to Pakistan’s long-term economic strategy. He said that sustainable growth cannot be achieved without active participation from private investment and capital markets, which he described as essential for development and financial stability.
The minister further highlighted ongoing efforts to improve governance and financial systems in collaboration with international financial institutions. According to him, these partnerships are aimed at enhancing efficiency, transparency, and resilience within Pakistan’s financial framework.
He also pointed to the country’s continued focus on diversifying its energy mix. Projects related to solar, wind, and hydropower are being pursued to reduce reliance on imported fuels and ensure a more sustainable energy future. This transition, he said, is vital for reducing pressure on foreign exchange reserves and improving long-term energy security.
Despite economic headwinds, the finance minister maintained that key indicators suggest gradual improvement. He reiterated that the government’s reform agenda includes maintaining monetary stability, strengthening institutions, and ensuring responsible fiscal management.
Aurangzeb stressed that diplomatic engagement and prudent economic policies are playing a crucial role in stabilizing the economy. He added that Pakistan’s leadership is actively pursuing both internal reforms and external partnerships to support recovery and growth.
While challenges remain, particularly in the areas of inflation and external financing, the government believes that ongoing reforms will help steer the economy toward greater stability. The finance minister concluded that consistent policy implementation and investor confidence will be critical in sustaining this progress in the coming months.
