Stability Done, Job Creation and Growth Next: Finance Minister

Pakistan has moved beyond the macroeconomic stabilization phase and is now focusing on sustainable expansion, investment, exports and job creation, Finance Minister Muhammad Aurangzeb stated during a session with Asian Development Bank (ADB) Vice President Yingming Yang.

Key points

• Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.
• Add as a preferredSource on Google Follow on Google News Join WhatsApp.
• The session focused on Pakistan-ADB cooperation, economic reforms, private-sector development and expanding access to finance, particularly for small and medium enterprises (SMEs).
• Yang commended Pakistan's progress in fiscal management, the external account and overall economic stability.
• Yang reaffirmed ADB's backing for Pakistan's reform agenda and expressed readiness to expand assistance for private-sector development and other priority areas.

Notably, the session focused on Pakistan-ADB cooperation, economic reforms, private-sector development and expanding access to finance, particularly for small and medium enterprises (SMEs). Finance Minister Seeks More Saudi Investments in Pakistan.

Yang commended Pakistan's progress in fiscal management, the external account and overall economic stability. He additionally welcomed recent sovereign credit rating upgrades and stated the developments reflected progress on economic reforms.

Aurangzeb remarked the government's next priority is to turn economic stability into sustainable and inclusive expansion by increasing investment, boosting exports, creating jobs and strengthening private-sector participation.

For context, the finance minister additionally highlighted efforts to improve financing for SMEs and assist them enter global value chains.

For context, the two sides discussed expanding ADB backing beyond administration financing, including private-sector operations, public-private partnerships and SME value-chain financing.

They additionally reviewed cooperation in infrastructure, transport, clean energy, water management and climate resilience, along with measures to improve project preparation and implementation. Over 200 Divorces Filed in Rawalpindi in Just One Day.

For context, the session additionally covered pension reforms, institutional strengthening and ongoing and planned ADB policy-based programmes aimed at supporting structural reforms and long-term economic expansion. Stay Connected with ProPakistani.

Obtain the latest business news, market insights, and economic updates wherever you prefer. Follow on Google Discover.

In short, stability Done, Job Creation and Growth Next: Finance Minister is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.