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Aurangzeb Terms Coordinated Approach as Key to Stability

Islamabad: Finance Minister Muhammad Aurangzeb has emphasized the need for a comprehensive and integrated approach to fiscal, trade, and private sector reforms at the federal and provincial levels. He was speaking at a key follow-up meeting with the World Bank team in Islamabad today.

According to Radio Pakistan, the Finance Minister highlighted the importance of designing reforms that are incentivized through outcome-based and performance-based indicators directly linked to human development and socio-economic growth. He reiterated that a nationally coordinated approach, as exemplified by the National Fiscal Pact, is crucial to ensuring macroeconomic stability.

He stressed that this unified approach would be the cornerstone for achieving the country's aspirations for inclusive and sustainable economic growth, ensuring the well-being of all citizens. The meeting concluded with a shared commitment to continued collaboration between the Ministry of Finance, the World Bank, and all relevant stakeholders, in order to advance the reform agenda and drive positive change for the future of Pakistan's economy.

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