Peshawar, October 2, 2025 – Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Thursday underscored the government’s achievements in restoring economic stability and strengthening investor confidence.
Speaking as the keynote speaker at the Pakistan Business Summit held at the Serena Hotel, Peshawar, Aurangzeb highlighted reforms and progress aimed at positioning Pakistan as a competitive and resilient economy.
The high-profile summit, themed “Shaping What’s Next”, was organized with the patronage of the Governor of Khyber Pakhtunkhwa and co-hosted by Nutshell Group and Al Baraka Bank (Pakistan) Limited, with the Overseas Investors Chamber of Commerce and Industry (OICCI) serving as Strategic Partner. The event gathered policymakers, corporate executives, and international investors to deliberate on Pakistan’s economic future.
In his address, Aurangzeb emphasized that the government is determined to provide a stable macroeconomic framework and the right environment for private sector-led growth. He praised the summit’s organizers for creating a platform that bridges government and industry, reflecting Pakistan’s readiness for global competitiveness.
The Finance Minister pointed to tangible economic gains, including a reduction in financing costs following policy rate cuts, strengthened foreign exchange reserves covering nearly three months of imports, and stability in the exchange rate. He stressed that these improvements have not only boosted investor confidence but also facilitated smoother profit repatriation for foreign companies.
Aurangzeb also noted the rise in workers’ remittances, which stood at USD 38 billion last year and are forecasted to grow between USD 41–43 billion this fiscal year. He highlighted Pakistan’s successful repayment of USD 500 million in Eurobond obligations in September, signaling resilience in meeting international commitments, with another USD 1.3 billion repayment due in April 2026.
Discussing reforms, the Finance Minister said the government is committed to separating tax policy from administration to restore investor trust. He also mentioned ongoing restructuring of state-owned enterprises, privatization drives, and energy sector reforms. Plans to reduce tariffs on raw materials and intermediate goods were also shared to support an export-led growth strategy.
Aurangzeb further disclosed that Pakistan is preparing to issue its first Panda Bond by year-end, a move expected to deepen financial ties with China. He cited engagements in Beijing, Riyadh, Washington, and New York as proof of renewed investor interest, with 24 joint ventures signed with Chinese firms.
Concluding, he urged greater competitiveness, better use of the Rs. 4.3 trillion development budget, and long-term focus on climate change, education, and population challenges. Aurangzeb reaffirmed that the government’s reform agenda is designed to ensure that economic growth translates into real benefits for the people of Pakistan.