Islamabad: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met with Ms. Ina Lepel, Ambassador of the Federal Republic of Germany to Pakistan, at the Finance Division to discuss strengthening bilateral economic cooperation.

The meeting reviewed Pakistan-Germany economic relations and emphasized sustained engagement to enhance trade, investment, and development collaboration. Both sides reaffirmed their commitment to promoting a stable, transparent, and predictable business environment to support long-term growth.

Senator Aurangzeb outlined the government's economic outlook and reform priorities, highlighting macroeconomic stability, fiscal sustainability, and competitiveness-led growth. He shared details on efforts to support economic recovery, boost exports, strengthen resilience against external shocks, and implement structural reforms aimed at inclusive and durable development.

Discussions also covered revenue and taxation reforms, focusing on broadening the tax base, improving compliance, and enhancing efficiency through technology and data-driven processes. The Minister noted that these reforms aim to promote fairness, reduce distortions, and create a level playing field for all economic actors while encouraging investment and formal economic activity.

The Ambassador welcomed the reforms and shared feedback from the business community, emphasizing clarity, consistency, and effective dialogue between stakeholders and public institutions. Both sides stressed the importance of continued engagement to ensure policy objectives are clearly communicated and effectively implemented to support economic growth and investor confidence.

The meeting also addressed administrative and institutional measures to strengthen tax administration, improve service delivery, and enhance transparency. Discussions highlighted the importance of predictable processes, timely resolution of issues, and ongoing modernization to support compliance and facilitate business activity.

Both parties recognized shared challenges and opportunities in the broader regional and global economic environment, underscoring the value of cooperation, policy continuity, and mutual understanding in navigating global uncertainties.

The Finance Minister and the Ambassador reaffirmed the longstanding partnership between Pakistan and Germany, committing to close coordination and constructive dialogue to support economic reforms, investment promotion, and mutually beneficial cooperation.