Finance Minister touts priority reforms to S&P Global, Fitch Ratings

News Image

MG News | April 20, 2024 at 10:07 PM GMT+05:00

0:00

April 20, 2024 (MLN): Federal Minister for Finance Muhammad Aurangzeb met with representatives of S&P Global and Fitch Ratings, and highlighted ongoing reforms in the priority areas of taxation, energy and privatization over the short, medium and long-term horizon.

According to a press release issued on Saturday, he further addressed concerns of the rating agencies on external side, inflation, primary balance and interest rate regime.

The Minister shared an update on the positive indicators of the country on the back of Standby Arrangement (SBA) signed with IMF.

He referred to his meetings with Managing Director IMF, President, World Bank and other multi-lateral institutions including AIIB and ADB.

Aurangzeb reaffirmed that World Bank agenda of climate change, digitalization and human development aligned with priorities of the government.

Pakistan economy’s potential to grow to $3tr: World Bank’s 2047 vision

The Finance Minister also mentioned potential Saudi investments which are in the pipeline.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 167,371.89
655.56M
0.68%
1128.99
ALLSHR 101,619.27
1,096.26M
0.48%
486.46
KSE30 51,218.98
162.34M
0.65%
332.37
KMI30 241,745.08
76.72M
0.26%
628.43
KMIALLSHR 66,773.65
639.53M
0.38%
254.21
BKTi 48,275.16
108.32M
1.18%
564.09
OGTi 32,641.22
11.40M
0.69%
222.60
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,075.00 111,160.00
107,705.00
-3000.00
-2.70%
BRENT CRUDE 60.75 61.20
60.58
-0.26
-0.43%
RICHARDS BAY COAL MONTHLY 80.50 0.00
0.00
-1.10
-1.35%
ROTTERDAM COAL MONTHLY 92.75 92.75
92.75
-0.25
-0.27%
USD RBD PALM OLEIN 1,085.00 1,085.00
1,085.00
0.00
0.00%
CRUDE OIL - WTI 56.75 57.20
56.60
-0.27
-0.47%
SUGAR #11 WORLD 15.77 15.78
15.51
0.27
1.74%

Chart of the Day


Latest News
October 21, 2025 at 12:18 PM GMT+05:00

Gold price in Pakistan remain unchanged


October 21, 2025 at 10:54 AM GMT+05:00

NEPRA revises K-Electric tariff, lowers rate to Rs32.37/unit


October 21, 2025 at 10:46 AM GMT+05:00

Japan elects Sanae Takaichi as first female PM



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg