Islamabad, April 2, 2026 – Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held separate high-level meetings with delegations from the Pakistan Business Council (PBC) and the American Business Forum (ABF) to discuss Pakistan’s economic outlook, ongoing reforms, and strategies to enhance investment and export growth.
During his meeting with the PBC delegation, led by Vice Chairman Ziad Bashir, the Finance Minister outlined the government’s efforts to manage global economic challenges, including energy market disruptions, supply chain issues, and food security concerns. He emphasized continuous coordination among key ministries and institutions to monitor petroleum supply, pricing, and logistics on a daily basis.
Aurangzeb highlighted that Pakistan is operating in a complex global environment marked by rising energy costs and supply constraints. He assured stakeholders that the government remains actively engaged with international partners to maintain economic stability and continuity.
The PBC delegation acknowledged the government’s efforts and presented proposals aimed at improving competitiveness, strengthening exports, and enhancing the formal economy. Key discussions included tax rationalization, structural reforms, and improving the overall business climate. The Finance Minister reaffirmed the government’s commitment to digitization, faceless processes, and reducing discretionary powers in tax administration.
In a separate meeting with the ABF delegation led by President Osman Khalid Waheed, Aurangzeb shared updates on Pakistan’s improving macroeconomic indicators and ongoing engagement with global financial institutions. He reiterated that macroeconomic stability and structural reforms remain top priorities.
The ABF delegation proposed reforms in taxation, export incentives, and regulatory frameworks, particularly in the pharmaceutical and IT sectors. Industry representatives highlighted the potential to significantly boost exports if regulatory and procedural barriers are addressed.
Participants also stressed the need for predictable policies, improved foreign exchange retention, and streamlined digital payment systems to encourage investment and business growth.
Senator Aurangzeb welcomed the feedback and confirmed that many of the suggestions are being considered for the upcoming federal budget. He emphasized aligning policies with long-term economic goals, including export expansion, investment attraction, and institutional transparency.
Both meetings concluded with a shared commitment to ongoing dialogue between the government and business community to support sustainable economic growth and position Pakistan as a competitive regional investment hub.