Pakistan Finance Minister Says External Shocks Remain Manageable, Cites Shift Toward Investment-Led Growth
Speaking at a J.P. Morgan conference in London, Senator Muhammad Aurangzeb said Pakistan is moving from economic stabilisation toward investment and private sector-led growth.
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb addressed a fireside chat titled "Pakistan: External Shocks Remain Manageable" at the J.P. Morgan Emerging and Frontier Markets Opportunities Conference in London, according to the Associated Press of Pakistan (APP).
Aurangzeb was joined at the session by State Bank of Pakistan Governor Jameel Ahmad. The two officials highlighted what they described as Pakistan's transition from a phase of economic stabilisation toward investment, capital formation and private sector-led growth, APP reported.
The conference, organised by J.P. Morgan, brings together investors and policymakers focused on emerging and frontier markets. Details of specific remarks made during the discussion were not provided in the APP report.
The appearance comes as Pakistan's government has sought to reassure international investors about the country's economic trajectory following a period of financial strain. APP did not provide further specifics on the timing of the event or additional details of the discussion.
Sources
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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