Chinese policymakers laud Pakistan’s macro-economic stability

ISLAMABAD (PEN) : Chinese policymakers have commended Pakistan’s macro-economic stability and its staff-level agreement with the IMF. During meetings in Beijing, Finance Minister Muhammad Aurangzeb and Minister for Power Sardar Awais Ahmad Khan Leghari discussed Pakistan’s reform agenda, highlighting efforts in taxation, energy, and privatization of state-owned enterprises. These reforms have significantly improved macroeconomic indicators, notably reducing inflation from 38 percent to 13 percent.