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S&P suggests staying the course, accelerating reforms
ISLAMABAD: The Standard and Poor’s (S&P) Global Ratings recommended Pakistan to stay the course, deepen the reform momentum, and focus on embedding permanence in macroeconomic stability, with international partners, while expressing readiness to support the country in achieving these objectives. The Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, along with his team, held a Zoom meeting on Friday with representatives of S&P Global Ratings as part of the ongoing Pakistan Sovereign Ratings Review. Aurangzeb briefed S&P on reform progress and economic stability outlook. The finance minister presented a detailed overview of the government’s macroeconomic reform agenda and reaffirmed Pakistan’s commitment to achieving sustainable and inclusive economic growth by enhancing productivity and promoting exports. He emphasised the continuity of reforms across key sectors including taxation, energy, state-owned enterprises (SOEs), privatisation, public finance management, right
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