Pakistan targets export-led growth, longer-term financing

October 15, 2026 (MLN): Pakistan is seeking to strengthen its access to international markets, replace expensive short-term debt with longer-maturity financing and sustain economic stability through continued reforms, Finance Minister Senator Muhammad Aurangzeb said.

Addressing the Bank of America (BoFA) Small Talks Symposium on the sidelines of the World Bank Group–IMF Annual Meetings 2026 in Bangkok, Thailand, the minister highlighted improvements in external-sector indicators, stronger foreign exchange reserves and positive net international reserves under the IMF definition.

He reaffirmed the government's commitment to completing the IMF programme and maintaining policy credibility beyond its conclusion.

The discussions also focused on tax administration reforms, expanding the tax base, privatization and rising investor interest in Pakistan.

Muhammad Aurangzeb stressed the importance of achieving sustainable, export-led economic growth through tariff reforms, competitive inputs and targeted financing.

He also outlined measures to address regional conflicts, energy-price pressures and climate-related shocks while strengthening trade and investment partnerships.

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