Business Recorder
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a meeting with the United States Chargé d’Affaires to Pakistan, Natalie Baker on Thursday. During the meeting, both sides held a comprehensive exchange on Pakistan-US bilateral relations, ongoing economic developments, and avenues for enhanced cooperation in trade, investment, and energy. Natalie Baker highlighted a recent symposium held in Washington, D.C., hosted by the Pakistan Caucus in the US Congress, which brought together policymakers, diaspora representatives, and business leaders to review progress in bilateral ties and explore future opportunities. She noted the positive trajectory of engagement between the two countries. The Finance Minister apprised Baker of ongoing efforts to manage energy sector challenges, including procurement, pricing mechanisms, and targeted subsidies. He noted that while supply arrangements were being maintained, the government was working on improving price transmission and ensuring that subsidies are better targeted towards vulnerable segments such as small farmers and public transport users.
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