Pakistan briefs global investors on reforms, outlook as 250 participants join Jefferies call

Federal Minister for Finance and Revenue Muhammad Aurangzeb on Wednesday held a virtual session with global institutional investors, organised by Jefferies Financial Group, to outline Pakistan’s economic outlook, reform agenda and investment prospects.

The session drew participation from over 250 global investors. The minister highlighted progress under the ongoing International Monetary Fund programme, noting that completion of key reviews reflects adherence to fiscal and structural targets.

He said the government is maintaining a policy framework focused on macroeconomic stability, fiscal discipline and structural reforms. Measures taken include ensuring energy availability, maintaining supply chains and stabilising markets in response to external and regional developments.

The minister stated that targeted subsidies delivered through digital platforms are being used to support vulnerable groups while maintaining fiscal controls. He also reaffirmed the government’s commitment to meeting external debt obligations, noting that Eurobond repayments are being managed as scheduled.

Aurangzeb outlined ongoing reforms in tax administration, the energy sector, and the restructuring of state-owned enterprises, along with plans for privatisation and reduction in government size.

He said improving the tax-to-GDP ratio remains a priority, with efforts focused on digitisation, compliance and reducing leakages.

The minister also highlighted investment opportunities in logistics, agriculture, mining and renewable energy, including increased activity at ports such as Gwadar and expansion in solar adoption.

Investors were informed about Pakistan’s external financing strategy, including plans to issue Panda Bonds to diversify funding sources and expand the investor base.

Officials said the government aims to convert recent macroeconomic stability into sustained growth through continued reforms and engagement with international investors.