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Home Breaking News

FinMin, British HC discuss economic cooperation, reform agenda

byCT Report
25/05/2026
in Breaking News, Islamabad, Latest News, Slider News
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ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting with British High Commissioner to Pakistan Jane Marriott CMG OBE here on Monday and discussed matters of bilateral interests.

The meeting with the British HC, who called on the minister, focused on Pakistan–United Kingdom bilateral cooperation, economic reforms, regional developments and continued engagement on matters of mutual interest, a news release said.

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During the meeting, the minister shared the government’s perspective on the evolving global economic environment and its implications for Pakistan’s economy, particularly in the context of regional geopolitical developments and energy market volatility.

He outlined the government’s ongoing efforts to maintain macroeconomic stability, manage external sector pressures, and sustain the momentum of economic reforms aimed at ensuring long-term growth and resilience.

Senator Aurangzeb highlighted improvements in key economic indicators, including stability in the external account, continued strength in remittance inflows, and growing investor confidence.

He also briefed the British High Commissioner on measures being undertaken to broaden the tax base, strengthen revenue mobilization, improve compliance, and enhance transparency through technology-driven reforms and digitalization initiatives.

The minister further emphasized the government’s commitment to policy continuity, fiscal discipline, and structural reforms, including efforts to improve public sector efficiency, strengthen institutional coordination, and create an enabling environment for private-sector-led growth and investment.

Discussions also covered the importance of effective communication and public engagement in sustaining support for the reform agenda.

Regional and global developments, including their economic and humanitarian implications, also came under discussion.

Both sides acknowledged the importance of dialogue, international cooperation, and coordinated efforts to address emerging challenges affecting economic stability and global supply chains.

The British High Commissioner appreciated Pakistan’s continued engagement on regional issues and reaffirmed the United Kingdom’s support for Pakistan’s economic reform efforts and development priorities.

Matters relating to climate resilience, population planning, social sector coordination, and cooperation with international financial institutions were also discussed during the meeting.

The meeting ended with a shared commitment to further strengthening Pakistan-United Kingdom bilateral relations and enhancing cooperation across economic, development, and institutional sectors.

Federal Secretary Ministry of Railways Syed Mazhar Ali Shah inaugurating launch of new Awam Express train service at Railways Station Peshawar, Cricket legend Shahid Afridi also accompanied him

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