Finance Minister Muhammad Aurangzeb says government's reforms of State Owned Enterprises are aimed at improving governance, efficiency and financial sustainability. He was addressing a banquet, hosted in honour of President of the Asian Development Bank, Masatsugu Asakawa in Islamabad. The Finance Minister highlighted Pakistan's long-standing partnership with the ADB underscoring its pivotal role in supporting Pakistan's development agenda. He commended ADB's continued assistance in key sectors such as infrastructure, energy, education, and social development. The Finance Minister asked ADB to further engage the private sector in Pakistan. Speaking on the occasion, ADB President Asakawa reaffirmed support for the ongoing SOE reforms and their role in strengthening country's fiscal framework. He commended Pakistan's commitment to ensuring transparency and long-term sustainability in managing key financial obligations. Source: Radio Pakistan
Recent News
Pakistan’s Car Sales Soar 80% as Demand Outpaces Factory Output
October 27, 2026
Pakistan and FAO Discuss Climate-Smart Farming and Food Security
October 27, 2026
Pakistan’s Imports From America Jump 55% While Exports Barely Grow
October 27, 2026
Northern Cement Exports Halt as Southern Mills Drive Growth
October 27, 2026
Pakistan’s Mobile Phone Imports Fall 3.56% to $140.4m in July
October 27, 2026