Aurangzeb expects growth above 4 percent in FY2027

Finance Minister Aurangzeb says growth should exceed 4 percent in FY2027, with five or six public-company sales planned this fiscal year.

Muhammad Aurangzeb expects Pakistan’s economy to expand by over 4 percent in FY2027.

Five or six public-company sales in the current fiscal year could bring in over $1 billion.

About a dozen entities are queued, including electricity distributors and airports.

An understanding with IMF staff last week could release about $1.21 billion.

A proposed $10 billion US currency facility is still being discussed, with no deadline.

Read the full story

Zaviya