Finance Minister Muhammad Aurangzeb has reaffirmed the government’s commitment to implementing its reforms agenda to achieve the inclusive and sustainable growth.
He was speaking at a meeting with a high-level delegation of the Asian Development Bank (ADB) led by Executive Director Donald Bobiash that called on him here in Islamabad on Wednesday.
The Minister said by meeting structural benchmarks to lend permanence to macroeconomic stability will end Pakistan’s reliance on external borrowing.
He also gave an overview of the ongoing structural reforms and the positive growth trajectory reflected in key economic indicators, including the significant decline in inflation, which fell from a high of 38 percent last year to a 44-month low of 6.9 percent last month.
Speaking on the occasion, Donald Bobiash expressed his appreciation for the bold reforms undertaken by Pakistan for stabilizing its economy and achieving sustainable growth.
He also assured the bank’s support for Pakistan’s development goals and its efforts for inclusive growth, innovation, and climate action.