Mohsin Siddiqui (Chief Reporter)

Federal Ministers Ataullah Tarar, Muhammad Aurangzeb, and Azam Nazir Tarar convened a press conference to address recent developments. Notably, Saudi Arabia’s successful visit to Pakistan was emphasized, marking positive diplomatic ties.

During the conference, the Finance Minister highlighted improving economic stability within the country. Economic targets are progressing favorably, with visible enhancements in exchange reserves.

It was announced that the IMF team is scheduled to visit Pakistan next month, signifying ongoing cooperation and support in economic endeavors.

The importance of enhancing the basic economic structure for national betterment was underscored. Urgent attention to tax reforms and reduction of non-development expenditures was emphasized as crucial steps toward economic improvement.

Collaboration with the private sector was emphasized as a means to bolster the national economy, promoting growth and innovation.

Efforts to control pension expenses were also discussed, reflecting a comprehensive approach to financial management and sustainability.