Britain reiterates support to Pakistan’s socio-economic development


Britain has reiterated the commitment to support Pakistan in its socio-economic development endeavors.

This was expressed by British High Commissioner to Pakistan Jane Marriot during a meeting with Finance Minister Muhammad Aurangzeb in Islamabad on Thursday.

Chief Economist and Director for Economics and Evaluation Directorate in the Foreign, Commonwealth and Development Office Professor Adnan Qadir Khan accompanied was also accompanying the High Commissioner.

The Finance Minister extended a warm welcome to both guests.

The Minister highlighted the government’s efforts to stabilize the economy, including achievements such as increased forex reserves, stable currency, decreasing inflation, and a flourishing stock market.

Additionally, he outlined key reforms, including privatization, SOE restructuring, FBR digitization, export-driven growth initiatives, and energy sector reforms.

Acknowledging the support extended by the UK government, he emphasized that KPI based project would lead to effective impleme
ntation, with a view to making support more impactful.

Adnan Qadir Khan informed the Minister that the FCDO has successfully concluded work on several pivotal initiatives and extended support for a domestically driven reform program aimed at fostering economic growth and sustainability in Pakistan.

Jane Marriott expressed confidence in the potential for deeper collaboration in the future.

Source: Radio Pakistan