Pakistan strengthens economic ties with France amid reforms

March 27, 2026 (MLN): Pakistan is actively working to safeguard macroeconomic stability and advance structural reforms while strengthening international partnerships.

This follows a meeting between Finance Minister Senator Muhammad Aurangzeb and Mr. Nicolas Galey, Ambassador of France to Pakistan, at the Finance Division.

Discussions focused on Pakistan’s economic cooperation with France, investment opportunities, development partnerships, and ongoing engagement with international financial institutions, according to the press release.

During the meeting, the Finance Minister outlined the government’s economic priorities, emphasizing efforts to preserve hard-earned macroeconomic stability amid evolving global and regional challenges.

He detailed proactive monitoring of economic developments, preparation of policy responses to safeguard gains, ensure continuity in critical supply chains, and maintain investor confidence.

Senator Aurangzeb also briefed the Ambassador on Pakistan’s reform agenda under the IMF-supported programme, highlighting constructive progress and the country’s commitment to structural reforms aimed at promoting sustainable economic growth.

The Finance Minister stressed that ongoing engagements with the IMF remain positive and focused on advancing fiscal and monetary discipline.

The discussion extended to Pakistan’s engagement with international financial institutions and measures to manage potential risks in energy supply and pricing.

Both officials exchanged views on the evolving international situation and its potential implications for global energy markets and economic conditions.

The Finance Minister noted that the government is actively monitoring these developments and coordinating with relevant stakeholders to implement appropriate policy measures in response to emerging challenges.

Ambassador Galey recognized Pakistan’s resilience in navigating external pressures and expressed France’s continued support for Pakistan’s economic development.

He also reiterated interest in further strengthening bilateral cooperation across key sectors, including trade, investment, and energy.

This meeting shows Pakistan’s broader efforts to maintain macroeconomic stability, implement reforms under the IMF programme, secure foreign investment, and address external challenges, particularly in energy and global market dynamics.

Copyright Mettis Link News