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Global confidence in Pakistan’s economic reforms and fiscal stability strengthens

ISLAMABAD: Pakistan’s economic performance continues to improve on the back of economic reforms and effective fiscal policies, reinforcing global confidence in the country’s financial outlook.

Federal Finance Minister Senator Muhammad Aurangzeb met a delegation from S&P Global Ratings to discuss Pakistan’s economic situation, credit profile and ongoing reform agenda.

During the meeting, S&P Global Ratings acknowledged Pakistan’s economic reforms, fiscal discipline, commitment to debt sustainability and the government’s efforts to maintain macroeconomic stability.

The finance minister told the delegation that the country’s key economic indicators had shown significant improvement under the 2026-27 federal budget.

He highlighted lower inflation, rising foreign exchange reserves, a stronger external sector and growing investor confidence as the main drivers of Pakistan’s economic stability.

Aurangzeb also said that a lower fiscal deficit, a record primary surplus and improved debt management had further strengthened the country’s fiscal sustainability.

The delegation was briefed on ongoing reforms in taxation, the energy sector, state-owned enterprises, privatisation, governance and public financial management. The government said continued economic reforms and fiscal discipline are strengthening both Pakistan’s economy and international confidence.

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