The most recent development in Pakistan's economic landscape is the Finance Minister Muhammad Aurangzeb's acknowledgment that the government cannot provide jobs to the entire population of 240 million, emphasizing the necessity for private sector growth and structural reforms. This was highlighted during the Pakistan Economic Growth Conference, as reported by The Frontier Post and Tribune Home. Aurangzeb stated, 'The government cannot provide jobs to 240 million people,' urging a shift towards creating a conducive environment for business and investment to spur employment opportunities. He also expressed optimism about the country's economic trajectory, noting that foreign exchange reserves are increasing and the economy is moving towards stability. However, he acknowledged ongoing challenges in the construction sector and issues related to banking transactions with Iran.
ECONOMY
Pakistan's Economic Instability and Aurangzeb's Call for Reforms

Pakistan's Finance Minister urges private sector growth as govt can't provide jobs for 240M. While reforms show promise, reliance on loans and power sector debt highlight ongoing economic challenges.
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TFP
The Frontier Post
Updated 3h agoPNN
Pakistan News Network
Updated 9h agoTH
Tribune Home
Updated 11h agoYT