Chinese policymakers laud Pakistan’s macro-economic stability
Chinese policymakers have commended Pakistan’s macro-economic stability and its staff-level agreement with the IMF. During meetings in Beijing, Finance Minister Muhammad Aurangzeb and Minister for Power Sardar Awais Ahmad Khan Leghari discussed Pakistan’s reform agenda, highlighting efforts in taxation, energy, and privatization of state-owned enterprises. These reforms have significantly improved macroeconomic indicators, notably reducing inflation from 38 percent to 13 percent.
Chinese policy makers have appreciated the macro-economic stability in Pakistan and staff level agreement with the IMF.
In meetings with high-ranking officials from the Chinese institutions in Beijing, Finance Minister Muhammad Aurangzeb and Minister for Power Sardar Awais Ahmad Khan Leghari briefed about the government’s reform agenda and engagement with the IMF.
The discussions focused on the significant strides made by Pakistan in improving its macroeconomic indicators by focused reforms in taxation, energy and privatization of the state-owned enterprises.
The reforms have already started showing their results, particularly, reducing inflation from 38 percent to 13 percent.
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