Aurangzeb addresses Harvard Pakistan event

Discusses economic progress and stabilisation


Our Correspondent April 29, 2025
Federal Finance Minister Muhammad Aurangzeb. APP/file

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CAMBRIDGE, MASSACHUSETTS, US:

The inaugural Harvard Pakistan Conference was held on Monday at Harvard University in Cambridge, Massachusetts. The event was attended by Federal Minister for Finance and Revenue Muhammad Aurangzeb, Ambassador of Pakistan to the United States Rizwan Saeed Sheikh, and Consul General of Pakistan in New York Aamer Ahmed Atozai.

The conference brought together policymakers, academics, entrepreneurs, and students to discuss Pakistan's economic prospects, governance reforms, and its evolving role in global affairs.

Addressing the event, Finance Minister highlighted Pakistan's recent economic progress and the successful stabilisation of the economy, including the reduction of inflation to a historic low of 0.7%, a significant increase in foreign exchange reserves, stabilisation of the national currency, and the achievement of a fiscal surplus after decades.

He emphasised that while stability has been achieved, Pakistan's focus is now on long-term economic transformation to build a competitive, inclusive, and sustainable economy. He also interacted with participants during a question-and-answer session, responding to queries on Pakistan's fiscal management, reform initiatives, and development priorities.

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