Aurangzeb meets business leaders at PBC

KARACHI, (APP - UrduPoint / Pakistan Point News - 6th Jul, 2026) Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting with business leaders at the Pakistan Business Council (PBC) to discuss Pakistan's economic outlook, reform agenda and the government's economic priorities.

The Finance Minister appreciated the Pakistan Business Council for bringing together leading representatives of Pakistan's business community on a single platform. He acknowledged PBC's continued role in promoting constructive dialogue between the government and the private sector on key economic and policy issues.

Senator Muhammad Aurangzeb observed that the global economy had demonstrated greater resilience than anticipated, noting that countries which remained committed to structural reforms had been better positioned to sustain economic stability and growth. He emphasized that Pakistan must continue pursuing its reform agenda to strengthen macroeconomic stability, improve competitiveness, and support sustainable economic growth.

Highlighting government's approach to budget preparation, Senator Muhammad Aurangzeb said the meeting marked the beginning of consultations for the next federal budget rather than a post-budget review. He noted that the government had initiated the budget preparation process significantly earlier this year, enabling a more structured and consultative approach to fiscal planning.

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The Finance Minister also emphasized that the Federal Budget 2026–27 had introduced significant taxation and financing measures aimed at supporting exports, improving exporters' access to finance, and reinforcing government's commitment to an export-led and sustainable growth model.

He underscored the importance of policy predictability and reaffirmed the government's commitment to implementing a Medium-Term Tax Strategy. He noted that a stable and consistent tax policy framework remained essential for strengthening business confidence, encouraging investment, and supporting long-term economic planning.

During the meeting, representatives of the Pakistan Business Council highlighted the Council's role as a broad-based national business advocacy platform and underscored the importance of continued engagement between the government and exporters from various sectors to support export-led growth.

The Finance Minister reaffirmed government's commitment to advancing structural reforms, ensuring policy consistency and fostering a conducive environment for investment and sustainable economic growth.