Aurangzeb Reaffirms Pakistan's Commitment to Economic Growth at SCO Finance Meet
- On March 29, 2024, Finance Minister Senator Muhammad Aurangzeb participated remotely in a high-level session of the Shanghai Cooperation Organisation’s senior financial officers and central bank leaders held in Beijing.
- Pakistan's commitment to SCO economic cooperation stems from recent macroeconomic reforms, stability, and efforts to enhance regional integration, as reaffirmed by Aurangzeb and acknowledged by China's finance minister.
- Aurangzeb highlighted Pakistan's progress in stabilizing the economy, reducing the current account deficit, supporting digital finance, and backed proposals for an SCO Development Bank and expanded joint initiatives.
- He emphasized that the SCO Development Bank will play a key role in funding infrastructure projects, advancing development goals, and strengthening economic ties across the region, with a strong focus on innovation, digital financial services, and environmentally sustainable investment practices.
- The minister expressed optimism that continued SCO collaboration will promote sustainable development, financial stability, and equitable regional prosperity amid global economic challenges.
13 Articles
13 Articles
Aurangzeb reaffirms Pakistan's commitment to economic growth at SCO finance meet
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, reiterated Pakistan’s unwavering commitment to fostering regional economic cooperation at the Shanghai Cooperation Organization (SCO) Finance Ministers and Central Bank Governors meeting in Beijing on Tuesday. The virtual address highlighted Pakistan's ongoing dedication to advancing economic stability, prosperity, and development within the SCO framework. Senator Aurangzeb re…
Pakistan reaffirms commitment to economic cooperation under SCO: Aurangzeb
Federal Minister for Finance and Revenue Muhammad Aurangzeb has reaffirmed Pakistan’s strong commitment to the Shanghai Cooperation Organisation’s (SCO) economic cooperation agenda, a statement from the Finance Division said on Tuesday. The minister virtually addressed the meeting of SCO Finance Ministers and Central Bank Governors held in Beijing, saying he was unable to attend due to the ongoing annual budget session in Pakistan. In his addres…
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