Finance Minister Muhammad Aurangzeb reiterated the government’s commitment to inclusive growth and emphasized the vital role of development partners in this endeavor. This announcement was made during the inaugural steering committee meeting of the Revenue Mobilisation, Investment, and Trade (REMIT) programme, funded by the United Kingdom’s Foreign Commonwealth and Development Office (FCDO). The meeting was co-chaired by the British High Commissioner, Jane Marriot.
The REMIT programme aims to support Pakistan in key areas such as revenue mobilisation, investment climate, macroeconomic governance, and trade, while integrating cross-cutting themes of gender equality and climate change. This multifaceted approach is designed to foster sustainable economic growth and improve the overall business environment in Pakistan.
During the meeting, Finance Minister Aurangzeb reviewed the progress made by the REMIT programme and expressed appreciation for the advancements achieved so far. He emphasized the need for government stakeholders to be more proactive in implementing the programme’s initiatives. The minister underscored that the government’s strategy includes short-, medium-, and long-term initiatives aimed at reviving Pakistan’s economy.
Aurangzeb highlighted the importance of performance and implementation, stating that the government’s focus on inclusive economic growth could be significantly enhanced with the support of development partners. He also commended the technical assistance provided by the FCDO and stressed the need for consolidating interventions and accelerating government implementation to achieve impactful results.
British High Commissioner Jane Marriot acknowledged the finance minister’s dedication to the programme’s interventions and his commitment to driving reforms that will propel Pakistan forward. She assured the FCDO’s full support for the government in addressing high-priority areas and emphasized the collaborative efforts needed to ensure the programme’s success.
The meeting was attended by several high-ranking officials, including the Deputy Chairman of the Planning Commission, Dr. Jehanzeb Khan, and other senior government officials. Their presence highlighted the importance of the REMIT programme and the collective effort required to achieve its objectives.
Finance Minister Aurangzeb outlined the government’s comprehensive plan to ensure the economic revival of Pakistan. This plan involves various initiatives aimed at enhancing revenue mobilisation, improving the investment climate, strengthening macroeconomic governance, and boosting trade. By focusing on these areas, the government aims to create a more conducive environment for economic growth and development.
The minister emphasized that the support of development partners is crucial for achieving the government’s goals of inclusive economic growth. He highlighted the need for development partners to focus on performance and implementation, ensuring that their contributions have a tangible impact on Pakistan’s economic landscape.
Aurangzeb appreciated the technical assistance provided by the FCDO and other development partners, which has been instrumental in advancing the REMIT programme’s objectives. He stressed the importance of consolidating these interventions and speeding up government implementation to maximize their impact. This approach will help ensure that the benefits of the programme are realized across various sectors of the economy.
Jane Marriot reiterated the FCDO’s commitment to supporting the Pakistani government in its reform efforts. She emphasized the need for ongoing collaboration and highlighted the importance of addressing high-priority areas to drive sustainable economic growth. Marriot’s assurances of continued support reflect the strong partnership between the UK and Pakistan in pursuing shared economic goals.
