Senator Aurangzeb stresses govt focus on private sector-led growth

October 01, 2026 (MLN): Finance Minister Muhammad Aurangzeb has reiterated the government's commitment to stabilizing and strengthening the economy through structural reforms, a wider tax net, a bigger role for the private sector and greater foreign investment.

Speaking at the Gong Ceremony, organized by Arif Habib Corporation, at the Pakistan Stock Exchange in Karachi, he said the government was taking all possible steps to help the private sector drive a growth-led economy, according to a press release issued.

He said the economy was on the right track because of the government's prudent policies, which had increased the number of taxpayers. Tax filers had risen to more than 5.7mn, from around 3.9mn a year earlier.

Senator Aurangzeb added that the government was also working to attract investment and widen financing options through initiatives such as the Apna Ghar scheme, under which about Rs60bn had been disbursed so far.

Citing local investor participation, he said the PIA consortium had ticked many boxes. He added that businesses had joined hands for these bids, which showed that larger groups in the country were willing and able to work together for a larger good.

He also said Turkish interest was being seen in the power distribution companies (DISCOs) for the first time.

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