Pakistan's Finance Minister Muhammad Aurangzeb has assured that the annual revenue target will be met without imposing an additional tax burden on taxpayers. He emphasized that Pakistan’s economy is on the right track, with key measures in place to drive economic growth, reduce inflation, and stabilize foreign exchange reserves.
In an exclusive interview with Bloomberg, Muhammad Aurangzeb revealed the government’s ambitious plan to increase Pakistan’s exports from $30 billion to $60 billion over the next three to five years. He also hinted at the early issuance of Panda Bonds in the Chinese market, a move expected to attract foreign investment and strengthen the country's financial standing.
Govt’s focus on economic stability and privatization
The finance minister underscored that Pakistan's economic policies prioritize privatization reforms and right-sizing state-owned enterprises to reduce financial losses. He reiterated that cutting government expenditures remains a top priority, ensuring that resources are directed toward public welfare and sustainable development.
“Our goal is to stabilize the economy through strategic reforms, privatization of loss-making entities, and foreign investment, while ensuring a steady decline in inflation and interest rates,” said Muhammad Aurangzeb.
PM’s vision for sustainable economic growth
With Prime Minister Shehbaz Sharif’s leadership, the government is committed to achieving sustainable and stable economic growth through structural reforms and fiscal discipline. The administration aims to strengthen Pakistan’s tax revenue, ensuring long-term financial resilience while maintaining a business-friendly environment.
As Pakistan's exports surge, privatization accelerates, and tax revenue strengthens, the government remains focused on creating a prosperous economic future without overburdening citizens.
