ISLAMABAD: Pakistan and the United Kingdom have pledged to deepen bilateral cooperation, with a renewed focus on promoting sustainable economic growth, institutional reforms and regional stability.
The commitment was expressed during a meeting between Finance and Revenue Minister Senator Muhammad Aurangzeb and British Parliamentary Under-Secretary of State for the Middle East, Afghanistan and Pakistan, Hamish Falconer, held in Islamabad on Tuesday.
The two sides held detailed discussions on regional developments, Pakistan’s economic outlook, fiscal priorities, structural reforms and opportunities to broaden economic collaboration between the two countries.
During the meeting, Senator Aurangzeb outlined the government’s reform agenda and highlighted the key objectives of the Federal Budget 2026-27. He reiterated Islamabad’s commitment to maintaining macroeconomic stability, advancing structural reforms and ensuring long-term, inclusive economic growth.
The finance minister also discussed recent regional developments, including the easing of tensions following the understanding reached between the United States and Iran. He said a more stable regional environment would encourage investment, boost trade and strengthen economic activity across the region.
Aurangzeb added that the government’s fiscal planning continues to account for external and geopolitical challenges, including the potential economic impact of prolonged regional uncertainty.
The minister also briefed the British delegation on Pakistan’s ongoing efforts to improve fiscal management and modernise public institutions as part of its broader reform programme.
Hamish Falconer welcomed Pakistan’s commitment to economic transformation, praising the government’s comprehensive reform agenda and acknowledging its efforts to strengthen the economy.
He reaffirmed the United Kingdom’s desire to maintain close engagement with Pakistan and expand cooperation in areas of shared economic interest.
The meeting was also attended by British High Commissioner to Pakistan Jane Marriott, along with senior officials from the British High Commission and Pakistan’s Ministry of Finance.
