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Moral, political, and financial economy: Pakistan’s path to sustainable growth

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yesterday

As Pakistan’s economic team joins the world’s financial leadership this week in Washington for the Atlantic Council and IMF–World Bank Annual Meetings, Finance Minister Senator Muhammad Aurangzeb has taken the stage to outline his government’s roadmap for stability, governance, and sustainable growth amid global uncertainty.

His address — titled “As Pakistan advances fiscal reforms and addresses the economic toll of recent floods” — set the tone for what many see as Pakistan’s most confident international engagement in years.

Aurangzeb’s remarks centered on resilience after adversity. He emphasized that Pakistan, once on the edge of fiscal collapse, is now steering toward long-term discipline and transparency. His focus on tax reform, energy restructuring, social protection, and climate resilience drew attention from policymakers, investors, and analysts watching whether Pakistan’s renewed dialogue with global institutions can finally anchor the country’s economy on stable ground.

In the corridors of the Atlantic Council, discussions have been animated: Can Pakistan move from emergency loans to sustainable recovery? Can governance evolve from policy statements to institutional strength? And can moral and political coherence accompany fiscal reform? These are not abstract questions; they form the heart of Pakistan’s ongoing economic story.

It was in this broader international context that a few days earlier, Ambassador Rizwan Sheikh hosted a deeply thoughtful interactive dinner session at the Embassy........

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