Bangkok:Pakistan's Finance Minister Muhammad Aurangzeb announced that the country is transitioning towards sustainable economic growth driven by investment and exports, following achievements in macroeconomic stabilization.

According to Radio Pakistan, Aurangzeb spoke with Michael Kugelman of the Atlantic Council during the IMF-World Bank Annual Meetings 2026 in Bangkok. He reported that Pakistan's economy grew by 3.7 percent in the last fiscal year, with a projected growth of around four percent in the current fiscal year. This growth is expected to be bolstered by recoveries in the industrial and agricultural sectors.

Aurangzeb emphasized the government's focus on structural reforms aimed at increasing tax revenues, enhancing the business environment, and attracting both domestic and foreign investments. Over the past two fiscal years, tax revenues have risen by 40 percent, and the tax-to-GDP ratio has reached approximately 10.3 percent, thanks to digitalization and reforms.

The government is also advancing the privatization of power distribution companies and outsourcing of airports to improve efficiency and promote private-sector involvement. In terms of social protection, 838 billion rupees have been allocated to the Benazir Income Support Programme, with targeted support for vulnerable households and a focus on jobs, education, and skills.