Finance Minister Muhammad Aurangzeb today affirmed the government’s steadfast dedication to pursuing sustainable economic reforms, highlighting a recent Staff Level Agreement with the International Monetary Fund (IMF) as a key indicator of Pakistan”s positive trajectory.
Speaking at the JP Morgan Investment Seminar, the minister briefed attendees on the nation”s economic and monetary policy outlook. He pointed to the successful conclusion of the second review of the Extended Fund Facility and the first review of the Resilience and Sustainability Facility (RSF) with the IMF.
Aurangzeb underlined the growing economic momentum, which he attributed to sound macroeconomic management and effective reform measures. He noted that these efforts have enhanced both fiscal and external sector stability for the country.
In a separate engagement at the World Economic Forum, the finance minister emphasized that technological advancement must be steered by clear strategies to foster an inclusive and resilient economy. During the dialogue on ‘Leveraging Innovation for Inclusive and Sustainable Growth,” he shared insights on integrating technology into national development.
He pointed to the use of AI-led monitoring in improving efficiency and productivity, specifically mentioning its role in the ongoing transformation of the Federal Board of Revenue (FBR).
Aurangzeb further observed that AI-driven interventions are already yielding positive results. He cited the use of satellite imagery in helping to raise incomes for smallholding farmers in developing nations and in improving service delivery across vital sectors.