Meeting discussed Pakistan’s macroeconomic outlook, fiscal, structural reform agenda, budget 2026-2027 priorities
Finance Minister Muhammad Aurangzeb during a meeting with British Parliamentary Under Secretary of State for the Middle East, North Africa, Afghanistan and Pakistan (MENAP) Hamish Falconer and British High Commissioner Jane Marriott, along with senior officials from both sides of the Treasury Division. PHOTO: X
Finance Minister Muhammad Aurangzeb met UK Parliamentary Under-Secretary of State for the Middle East, North Africa, Afghanistan and Pakistan (MENAP), Hamish Falconer MP, at the Treasury on Tuesday and discussed Pakistan’s macroeconomic outlook, reform agenda and ways to strengthen bilateral economic cooperation.
According to a statement issued by the Treasury on X, the meeting was also attended by British High Commissioner to Pakistan Jane Marriott and senior officials from both sides.
“The two sides held a comprehensive exchange on Pakistan’s macroeconomic outlook, fiscal and structural reform agenda, Budget 2026-2027 priorities and opportunities to further strengthen Pakistan-UK economic cooperation,” it added.
🇵🇰🇬🇧 Finance Minister Muhammad Aurangzeb meets UK Parliamentary Under Secretary of State Hamish Falconer
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met Mr. Hamish Falconer MP, UK Parliamentary Under Secretary of State for MENAP, at the Treasury Department,… pic.twitter.com/A1slb2cWMS
— Ministry of Finance, Government of Pakistan (@Financegovpk) June 16, 2026
The Minister of Finance briefed the delegation on the government’s ongoing reform program with a focus on macroeconomic stability, improved revenue mobilization, increased compliance, digitization of tax administration, transparency and institutional modernization aimed at sustainable and inclusive growth.
Discussing regional developments, Aurangzeb noted the recent easing of tensions, including following the understanding reached between the US and Iran, and reiterated Pakistan’s consistent role in promoting dialogue, de-escalation and peaceful resolution of conflicts.
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He said: “Regional stability remained critical to global economic confidence, energy markets, supply chains and growth prospects, especially for emerging economies like Pakistan”.
The finance minister further noted that “Pakistan’s economic planning and fiscal framework continued to take into account potential external and geopolitical risks, while stressing that greater regional stability created stronger prospects for investment, trade and long-term economic resilience”.
Falconer appreciated Pakistan’s reform agenda, noting its breadth and seriousness, and emphasized the importance of sustained implementation, institutional strengthening and improved economic competitiveness.
He also confirmed the UK’s continued interest in deepening engagement in areas of mutual economic cooperation.
Both sides reaffirmed their commitment to strengthening Pakistan-UK relations and continued cooperation in support of economic stability, reform and regional peace.
