Pakistan Targets Over Four Percent Growth and Asset Sales
Pakistan expects economic growth to exceed four percent this fiscal year despite regional energy risks. Finance Minister Muhammad Aurangzeb said the government plans to raise over one billion dollars through privatization efforts.
Pakistan's economy is expected to grow by more than 4% this fiscal year, with officials aiming to raise over $1 billion through privatization. Finance Minister Muhammad Aurangzeb outlined the growth projections during Monday's meetings in Thailand, despite lingering risks from Brent Crude Oil prices and regional conflict involving Iran and Israel. The South Asian nation relies heavily on external financing and Gulf energy imports, making its foreign reserves vulnerable to prolonged tensions involving the United States.
