Minister for Finance Muhammad Aurangzeb chaired virtual meetings today, with three UAE banks including Sharjah Islamic Bank, Abu Dhabi Islamic Bank, and Ajman Bank, and discussed their support to Pakistan's development and fiscal objectives.                                             

The Minister highlighted Pakistan's steady progress toward macroeconomic stability and emphasized that structural reforms in the country form the basis of this recovery.

He appreciated Asian Development Bank's collaboration and support to Pakistan's fiscal and development goals.

He underscored that the government is firmly committed to long-term reforms, including restructuring of State-Owned Enterprises, an active privatization program, and rightsizing of the federal government.   

The Finance Minister emphasized Pakistan's shift towards productivity and export-led growth model and reaffirmed its openness to quality commercial partnerships that contribute to economic growth, development financing, and investor confidence.

During the interactive sessions, senior executives of the three banks appreciated the progress made by Pakistan.