Ongoing reforms in the energy sector, state-owned enterprises
Islamabad: Finance and Revenue Minister Muhammad Aurangzeb on Wednesday highlighted the reforms carried out in Pakistan’s energy sector and state-owned enterprises (SOEs), including the privatization of state-owned companies. In a meeting with a delegation of Standard & Poor’s (S&P) Global Ratings at the Finance Department, the minister underlined the confidence shown by multilateral institutions by providing financing for various projects in Pakistan. The S&P delegation was led by Sovereign and International Public Finance Ratings directors Yee Farn Phua and Andrew David Wood. Aurangzeb gave an update on Pakistan’s current economic situation, where he described the successful completion of a nine-month
