Federal Finance Minister Mohammad Aurangzeb emphasized that the blue economy would act as a game changer for Pakistan’s economy. Speaking virtually at the Pakistan International Maritime Expo and Conference 2025, Aurangzeb expressed confidence that Pakistan's economy is on the right track, citing the government's efforts to implement essential reforms that would drive sustainable economic development.

"The blue economy has the potential to bring about an economic revolution," he said, underscoring the importance of these reforms in ensuring long-term economic stability. Aurangzeb highlighted the solid steps taken over the past two and a half years, including significant reductions in inflation and policy rates. Furthermore, three global rating agencies have praised Pakistan's economic reforms and policies, signaling positive international recognition.

The finance minister also pointed out the collaborative efforts with friendly nations to stabilise trade and enhance the economy. He highlighted ongoing projects to modernize major ports, including Karachi, Gwadar, and Port Qasim, which will support the development of the nation's maritime sector. He reiterated that there is strong coordination among various ministries to push forward Pakistan's economic agenda, and the Ministry of Finance will continue to play a key role in ensuring stability and growth.

Credit: Independent News Pakistan (INP)