Finance Minister Muhammad Aurangzeb has described the minerals and mining sector as a potential game changer for Pakistan, capable of boosting exports, attracting foreign investment and driving sustainable economic growth.

He was addressing the Pakistan Minerals Investment Forum in Islamabad today.

The Minister said the sector offered a win-win opportunity for local and foreign investors as well as the government.

He highlighted improvements in the country's macroeconomic indicators, including a reduction in the twin deficit to 2.6 percent of GDP and foreign exchange reserves reaching a record 21.5 billion dollars.

He said the government was pursuing structural reforms, fiscal discipline and export-led growth to put the economy on a sustainable path.

Muhammad Aurangzeb said a single major mining project was expected to generate 2.8 billion dollars in annual export proceeds once it becomes operational, equivalent to around ten percent of Pakistan's current goods exports.

He reaffirmed the Finance Ministry's commitment to facilitating local and international investors and supporting the development of the minerals sector.