UK reaffirms support for Pakistan's economic reform agenda
MG News | May 25, 2026 at 03:14 PM GMT+05:00
May 25, 2026 (MLN): Pakistan and the United Kingdom have reaffirmed their commitment
to strengthening bilateral ties, with both sides expressing support for
Pakistan's ongoing economic reform agenda and pledging enhanced cooperation
across economic, development, and institutional sectors.
Federal Minister
for Finance and Revenue Senator Muhammad Aurangzeb met with British High
Commissioner to Pakistan Ms. Jane Marriott CMG OBE at the Finance Division on
Monday, where the two sides held wide-ranging discussions on Pakistan-UK
bilateral cooperation, economic reforms, regional developments, and matters of
mutual interest, according to a press release issued.
During the
meeting, the finance minister briefed the High Commissioner on the government's
assessment of the evolving global economic landscape and its impact on
Pakistan, particularly in light of regional geopolitical developments and
energy market volatility.
He outlined
ongoing efforts to maintain macroeconomic stability, manage external sector
pressures, and sustain reform momentum for long-term economic resilience.
Senator Aurangzeb
highlighted improvements in key economic indicators, citing stability in the
external account, strong remittance inflows, and growing investor confidence.
He also briefed
the High Commissioner on measures to broaden the tax base, strengthen revenue mobilization,
and enhance transparency through technology-driven digitalization initiatives.
The finance
minister further stressed the government's commitment to policy continuity,
fiscal discipline, and structural reforms, including improving public sector
efficiency, strengthening institutional coordination, and fostering an enabling
environment for private sector-led growth.
Regional and
global developments including their economic and humanitarian implications also
featured in the discussions, with both sides highlighting the importance of
dialogue and international cooperation in addressing challenges to economic
stability and global supply chains.
Climate
resilience, population planning, social sector coordination, and engagement
with international financial institutions were also on the agenda.
The British High
Commissioner appreciated Pakistan's continued engagement on regional issues and
reaffirmed the UK's support for the country's reform efforts and development
priorities.
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