Finance Minister holds meeting with representatives of S&P Global, Fitch Ratings

Islamabad: Finance Minister Muhammad Aurangzeb held a meeting with representatives of S&P Global and Fitch Ratings in Washington DC today.

He shared an update on the positive indicators of the country on the back of Standby Arrangement signed with IMF.

The Minister highlighted ongoing reforms in the priority areas of taxation, energy and privatization over the short, medium and long-term horizon.

He reaffirmed that World Bank agenda of climate change, digitalization and human development aligned with priorities of the government. He also mentioned potential Saudi investments which are in the pipeline.

Further the Minister addressed concerns of the rating agencies on external side, inflation, primary balance and interest rate regime.