WASHINGTON DC (Agencies): Pakistan’s Finance Minister Muhammad Aurangzeb recently held a meeting with officials from Citibank. During the meeting, he outlined the positive economic indicators of Pakistan, which include a rising stock market and renewed interest from foreign buyers and institutional flows. These developments have been observed following the Stand-by Arrangement (SBA) signed with the International Monetary Fund (IMF).

Minister Aurangzeb confirmed that Pakistan has successfully repaid its Eurobond on schedule. He also revealed that the government has commenced discussions with the IMF for a larger and more extended programme.

In addition, the Finance Minister emphasized the priority areas for the government, which include taxation, an overhaul of the energy sector, and reforms in state-owned enterprises.

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