Aurangzeb Briefs US Envoy on Economy, IMF, Investment & FX Reserves

Federal Finance Minister Muhammad Aurangzeb briefed US Chargé d’Affaires Natalie Baker on his recent Washington visit, highlighting constructive engagements with the IMF, US Treasury, DFC, and EXIM. Discussions focused on strengthening Pakistan-US economic relations, enhancing financial cooperation, attracting investment, and improving foreign exchange reserves and the sovereign credit profile. The Minister also updated on trade framework talks with USTR and measures to manage energy prices. Sustained efforts to improve FX reserves and economic stability could support the PKR, potentially easing pressure on local gold prices.

بحوالہ / Source: www.brecorder.com