Islamabad: Despite ongoing regional instability and war-related uncertainties, Pakistan is demonstrating resilience, strengthening macroeconomic fundamentals, and emerging as a credible player in diplomacy, trade, and investment.
According to Radio Pakistan, Finance Minister's Advisor Khurram Schehzad has highlighted that Pakistan is emerging as a key diplomatic bridge in global conflict, engaging with the United States, Iran, and Gulf countries to de-escalate tensions.
Highlighting the successful Pakistan-IMF review, Schehzad noted that the programme is on track and reforms are delivering results. He stated that foreign exchange reserves have been rising for thirty-three consecutive weeks, reaching a total of $21.7 billion.
Schehzad also mentioned that Pakistan's shipping sector has gained expanded access through the Strait of Hormuz. Furthermore, he added that Pakistan has fortified its fuel security buffers, with stock cover improving from 3.5 weeks to nearly four weeks, despite global disruptions.