Finance Minister Muhammad Aurangzeb on Wednesday said that a reduction in government spending is unavoidable to support the armed forces as security challenges intensify on both borders.
Speaking at the Karachi Chamber of Commerce, the finance minister said the government has achieved a degree of financial discipline and paid off several loans, but must now further tighten its expenditures. He emphasized that efforts are being made to reduce government borrowing from banks.
Aurangzeb said the central bank governor will hold a meeting with commercial banks this week to discuss the slow pace of credit flow to the private sector and explore ways to enhance it.
He further said Pakistan remains an attractive destination for global investors, noting that while some multinational companies have exited, others have entered the market.
Aurangzeb also highlighted strong growth in the pharmaceutical industry, saying that local production and exports in the sector are increasing steadily.
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Who is this man , and what is he talking is he finance experts .
Just allocate the fund and stop lake talale of the ayash civil servent .
You mean ex military
So in short
He is a stooge
Civil govt staff will be reduced but military will get all the perks of govt.
Private overlords will run the country by taxing the common people while they get freebies.
Basically fm is a salesman for the rich
New York has shown that minimal govt leads to disaster.
Why are we stuck with this guy while new york got mamdani