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Pakistan's finance minister reports economic gains, including higher tax revenue and credit upgrades, during IMF-WB talks.
Pakistani Finance Minister Muhammad Aurangzeb highlighted progress on economic reforms during the IMF-WB meetings in Washington, D.C., including a record tax-to-GDP rise to 10.33% due to a homegrown FBR overhaul, credit rating upgrades to B- with stable outlook, and international support for the Reko Diq mining project.
He discussed flood recovery, digital tax reforms, privatization, and new bond issuances in China and the U.S., while securing backing from the World Bank, Fitch, and Japan’s JBIC.
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El ministro de finanzas de Pakistán informa de ganancias económicas, incluyendo mayores ingresos fiscales y mejoras crediticias, durante las conversaciones entre el FMI y el Banco Mundial.