Finance Minister Senator Mohammad Aurangzeb said Pakistan’s original economy could be close to $ 1 trillion, which is double the official recorded data.
Addressing a business meeting for the Saudi business delegation at the Chamber of Commerce and Industry (OICCI) overseas investors in Karachi, Aurangzeb said that the Prime Minister was personally guiding two important reform tracks.
Minister SARS, “Pakistan’s recorded economy is US $ 411 billion, but about half is unreasonable.” “The actual size of our economy is close to trillion dollars.”
He added that digitalization and documents would be important in expanding the tax base and improving financial stability.
Aurangzeb confirmed that Pakistan’s economic growth should be driven by the private sector, in which the government provides a capable environmental system for business and investment. He said that economic stability has been restored, all three major global ranking agencies have been associated with the first time in many years.
Referring to a recently approved Pakistan – Saudi Arabia’s security agreement, the minister said the agreement reflects the growing confidence between the two countries and paving the way for deep economic cooperation.
He also noted that Pakistan is in the construction phase of dialogue with the IMF, only a few cases before a possible staff level agreement in Washington.
Aurangzeb said the government is focused on promoting exports, improving energy efficiency and changing stability to accelerate digital change. He remarked, “We are now at a stage where reforms, documents and investment should be handled.”