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Pakistan’s economy improving, GDP seen near 4pc: finance minister

Published on: April 28, 2026 3:00 PM

Pakistan’s Finance Minister Muhammad Aurangzeb has said the country’s economy is showing signs of recovery, expressing optimism that gross domestic product (GDP) growth could reach around 4 per cent in the current fiscal year.

Read More: IMF lowers Pakistan GDP growth forecast to 3.2%

Speaking at the EU-Pakistan Business Forum in Islamabad, the minister highlighted improving macroeconomic indicators, noting that the country had achieved a current account surplus of over $1 billion in March. He added that workers’ remittances also remained strong, reaching $3.8 billion during the same period.

Finance Minister Muhammad Aurangzeb, in his address at the European Union Business Forum, says Pakistan’s economy is moving toward stability, emphasising that sustainable economic growth remains the government’s top priority.@Financegovpk #PakistanTV #PakistanEconomy… pic.twitter.com/NV2WbmHm6Q

— Pakistan TV (@PakTVGlobal) April 28, 2026

Aurangzeb pointed to continued inflows through the Roshan Digital Account initiative, which brought in $260 million in March, describing it as an important source of foreign investment. He further said Pakistan had managed significant external payments in April and successfully issued a $750 million Eurobond, with plans to launch a $250 million Panda bond in mid-May.

The minister projected that foreign exchange reserves could rise to $18 billion by the end of June, reinforcing economic stability. He also emphasised that privatisation efforts were progressing, including the successful privatisation of the national airline, while plans to privatise Lahore and Islamabad international airports are being expedited.

On structural reforms, Aurangzeb said pension reforms had been introduced, with a contributory pension system for the armed forces set to begin next year. He also noted that a regulatory framework for cryptocurrency had been established, with licensing for crypto exchanges underway and tokenisation being introduced.

Addressing broader challenges, the minister said Pakistan had maintained a stable energy supply despite global disruptions, and welcomed continued ceasefire efforts in the Middle East as a positive development for regional stability.

Read More: Pakistan’s Quiet Economic Revolution Is Already Underway

Overall, he reiterated that Pakistan’s economic outlook was improving, supported by reforms, stabilisation measures, and growing investor confidence.

Filed Under: Business Tagged With: economic reforms, Finance Minister, GDP growth, Latest, Lead4, muhammad aurangzeb, Pakistan economy, remittances

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