Aurangzeb cites firmer balances, reserves and ratings in Bangkok
Muhammad Aurangzeb told investors in Bangkok that Pakistan economic recovery rests on firmer balances, higher reserves, better credit ratings and a reopened door to global markets.
Muhammad Aurangzeb told investors in Bangkok that the budget, the external account, foreign-currency reserves and credit ratings have improved, and that overseas borrowing is open again.
He said those gains should feed lasting growth that comes from exports.
Talks also took in the IMF programme, public debt, sukuk, panda bonds, tokenization, private buyers for state firms, a wider tax net and a charge on farm income.
The delegation answered questions on regional tensions, energy supply, LNG contracts, and economic links with the US and Saudi Arabia.