ISLAMABAD: Finance Minister Muhammad Aurangzeb declared the government’s commitment to crafting a “strategic” budget this year — one that goes beyond balancing numbers and aims to reshape the very DNA of Pakistan’s economy.
Rather than just “making the math work,” Aurangzeb emphasized bold reforms that will set a clear direction for the country’s economic future. With high-level talks ongoing with the IMF and the budget announcement delayed until June 10, the government is focusing on deeper structural changes.
Bold Measures for Economic Transformation
Aurangzeb highlighted the reduction of debt servicing costs by a trillion rupees and plans to modernize debt management based on international best practices.
He also addressed the challenges of import dependence and foreign exchange crises that have pushed Pakistan into its 24th IMF program.
Committed to Reforms and Digitalisation
The finance minister reaffirmed the government’s resolve to push structural reforms in taxation, digitalization of the Federal Board of Revenue, and gradual rightsizing of the federal government — all aimed at building a stronger economic foundation without sudden shocks.
