ISLAMABAD: Minister for Finance and Revenue Senator Muhammad Aurangzeb has said that agriculture and information technology are the key drivers of Pakistan’s economic growth.
He was speaking to the Deputy Director in the Office of International Affairs at the US Commodity Future Trading Commission, Kevin Piccoli in Islamabad on Tuesday.
During the meeting, the two sides discussed the role of the agricultural commodities market and the cooperation between SECP and the US Commodity Future Trading Commission for capacity-building training sessions on the development of commodities future market, regulation and oversight leading to a well-functioning commodities market in Pakistan.
The Finance Minister said that while Pakistan’s economy during the current fiscal year grew by 2.38 per cent, agriculture remained as a key driver of economic growth, registering an impressive growth of 6.25 per cent due to double-digit growth in the output of major crops.
Mr. Kevin Piccoli, Deputy Director at the US Commodity Futures Trading Commission (CFTC), visits Finance Division to call on Federal Minister for Finance & Revenue, Senator Muhammad Aurangzeb in his office today. #Finance #USPakistanRelations pic.twitter.com/y9bD10LPVb
— Ministry of Finance, Government of Pakistan (@Financegovpk) September 10, 2024
He said that both agriculture and IT in Pakistan are driven by domestic factors and a healthy and consistent growth in these areas is a positive sign and a stabilizing factor in view of their export potential for Pakistan’s economy.
