Finance Minister Mohammad Aurangzeb said on Monday that the country had reached a central moment of economic recovery and transformation while inviting investors to participate in Pakistan’s growth journey.
Aurangzeb spoke at the Pakistan Conference 2025 at Harvard University and outlined key performance, including historical reductions in inflation, an increase in foreign reserves and a rebound in foreign direct investment.
“After inheriting an economy that faces significant challenges – from Contracting GDP to exhausting reserves – we have stabilized the basic, recovered confidence and genetic growth,” he said.
The conference, organized by Harvard students with support from university research centers, is the largest student-led event at Pakistan in the United States.
Aurangzeb highlighted that inflation had dropped to 0.7%, the lowest in 60 years, foreign reserves doubled and the currency appreciated by 3%. Pakistan recorded a surplus on current account of over $ 1 billion in March 2025, he added.
The minister also cited an increase of 44% in foreign direct investments, a 24% growth in that export, and record-high transfers projected to $ 38 billion for 2025. Pakistan achieved a tax surplus for the first time in 24 years and secured a superb credit assessment upgrade from Fitch to B- with a stable view.
Aurangzeb emphasized that stability was only a springboard that outlined the government’s plans for fiscal discipline, structural reforms in energy, taxation, governance and governance of state -owned companies.
He pointed to great growth opportunities in Pakistan’s mineral resources, IT sectors, green energy projects and its young entrepreneurial population.
By debt management, Aurangzeb said Pakistan reduced his public debt-to-BNP ratio from 75% to 67.2% with the aim of lowering it under 60% in the medium term through fiscal reforms and improved domestic funding.
The efforts to privatize loss -making of state enterprises could save up to 2% of GDP annually, he added, emphasizing the importance of transparency and competitiveness in the process.
Aurangzeb also outlined initiatives to elaborate on the financial markets, expand digital banking and promote green funding while confirming Pakistan’s obligation to climate understanding through partnerships with the IMF and the World Bank.
“Pakistan’s future will be shaped by bold, necessary choices,” concluded Aurangzeb. “By investing in our people, modernizing our finances and committing to reform, Pakistan will arise stronger, greener and more competitive.”
