German Envoy, Pakistani Finance Minister Discuss Matters of Mutual Interest

Fri Mar 22 2024
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ISLAMABAD: The Ambassador of Germany to Pakistan, Alfred Grannas, on Friday called Pakistan’s Minister for Finance & Revenue, Muhammad Aurangzeb, and discussed matters of mutual interest and to further enhance bilateral ties between Pakistan and Germany.

Minister for Finance & Revenue, Muhammad Aurangzeb during the meeting acknowledged the long-standing bilateral relations between Pakistan and Germany. He lauded the support provided by the German Government for various projects in Pakistan.

The Minister also briefed the German Ambassador about the conclusion of the second review of IMF under the Standby Arrangement (SBA) and reaffirmed Pakistan’s commitment to implement prudent fiscal policies and structural reforms in different sectors to boost economic resilience and attract investments.

Ambassador Alfred Grannas appreciated Pakistan’s commitment to economic reforms and expressed Germany’s support for Pakistan’s development initiatives. Ambassador Grannas also underscored the importance of joint cooperation in various sectors and reaffirmed Germany’s commitment to further strengthen the economic ties with Pakistan.

Minister Muhammad Aurangzeb underscored the importance of bilateral trade between the Pakistan and Germany, recognizing Berlin as the most important trading partner for Islamabad in the European Union (EU). He stressed the need to further boost bilateral trade.

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