ISLAMABAD: Pakistan and Germany emphasized closer economic cooperation to boost trade, investment, and long-term development. Finance Minister Muhammad Aurangzeb met German Ambassador Ina Lepel to discuss reforms and growth. Both sides stressed a stable business environment to support sustainable progress.
Aurangzeb shared Pakistan’s economic priorities, highlighting macroeconomic stability, fiscal sustainability, and growth driven by competitiveness. He discussed efforts to strengthen exports, support economic recovery, and improve resilience against external shocks. Lepel appreciated Pakistan’s reform initiatives and expressed Germany’s continued support for collaboration.
Read more: Pakistan, Germany pledge stronger ties across key sectors
The meeting also focused on revenue and taxation reforms, aiming to broaden the tax base and improve compliance. Aurangzeb emphasized using technology and data-driven processes to enhance efficiency and fairness. The reforms are intended to encourage investment and formalize economic activity while creating a level playing field.
Both officials recognized global economic uncertainties and stressed cooperation to navigate challenges. They agreed that sustained engagement, policy continuity, and constructive dialogue are key to maintaining investor confidence and achieving sustainable economic outcomes.
Read more: Pakistan, Germany pledge stronger ties across key sectors
The discussion reaffirmed the strong bilateral partnership between Pakistan and Germany. Both sides committed to continued coordination on economic reforms, investment promotion, and mutually beneficial development initiatives.