- Advertisement -- Advertisement -- Advertisement -ISLAMABAD, Oct 22 (APP):Pakistan has consolidated its macroeconomic stability through strong fiscal discipline, improved foreign exchange reserves, and falling inflation, while aiming to maintain a growth rate of around 3.5 percent despite recent flooding, Finance Minister Muhammad Aurangzeb said in an interview with CGTN America. He said the IMF’s second review under the Extended Fund Facility had been successfully completed and a staff-level agreement reached, reflecting the Fund’s confidence in Pakistan’s economic management and reform commitment. Privatization and investment momentumThe finance minister said the government had revived the privatization process that had previously stalled. Floods and economic outlookAurangzeb acknowledged that climate change and floods posed serious challenges to economic recovery, particularly in the agricultural sector. He also noted Pakistan’s growing trade engagement with Central Asian republics as part of its diversification strategy.