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Finance minister briefs UK delegation on reform agenda, budget priorities

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Meeting discussed Pakistan’s macroeconomic outlook, fiscal, structural reform agenda, Budget 2026–27 priorities

Finance Minister Muhammad Aurangzeb during a meeting with UK Parliamentary Under-Secretary of State for the Middle East, North Africa, Afghanistan and Pakistan (MENAP) Hamish Falconer and British High Commissioner Jane Marriott, along with senior officials from both sides at the Finance Division. PHOTO: X

Finance Minister Muhammad Aurangzeb on Tuesday met UK Parliamentary Under-Secretary of State for the Middle East, North Africa, Afghanistan and Pakistan (MENAP), Hamish Falconer MP, at the finance division and discussed Pakistan’s macroeconomic outlook, reform agenda and ways to strengthen bilateral economic cooperation.

According to a statement posted by the Ministry of Finance on X, the meeting was also attended by British High Commissioner to Pakistan Jane Marriott and senior officials from both sides.

“The two sides held a comprehensive exchange on Pakistan’s macroeconomic outlook, fiscal and structural reform agenda, Budget 2026–27 priorities, and avenues to further strengthen Pakistan–United Kingdom economic cooperation,” it added.

The finance minister briefed the delegation on the government’s ongoing reform program focused on macroeconomic stability, improved revenue mobilisation, enhanced compliance, digitalisation of tax administration, transparency and institutional modernisation aimed at sustainable and inclusive growth.

Discussing regional developments, Aurangzeb noted the recent easing of tensions, including following the understanding reached between the United States and Iran, and reiterated Pakistan’s consistent role in advocating dialogue, de-escalation and the peaceful resolution of conflicts.

Read: Budget comes under fire in Senate

He said, “Regional stability remained critical for global economic confidence, energy markets, supply chains and growth prospects, particularly for emerging economies such as Pakistan”.

The finance minister further observed that “Pakistan’s economic planning and fiscal framework continued to account for potential external and geopolitical risks, while emphasising that greater regional stability created stronger prospects for investment, trade and long-term economic resilience”.

Falconer appreciated Pakistan’s reform agenda, noting its breadth and seriousness, and underscored the importance of sustained implementation, institutional strengthening and improved economic competitiveness.

He also reaffirmed the United Kingdom’s continued interest in deepening engagement in areas of mutual economic cooperation.

Both sides reaffirmed their commitment to strengthening Pakistan-UK relations and continued collaboration in support of economic stability, reform and regional peace.





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