Islamabad, January 28, 2026: Pakistan and Germany on Wednesday reaffirmed their strong and longstanding partnership, underscoring their shared commitment to maintaining close coordination and constructive dialogue to support economic reforms, promote investment and enhance mutually beneficial cooperation.
The reaffirmation came during a meeting between German Ambassador to Pakistan Ms. Ina Lepel and Minister for Finance and Revenue Senator Muhammad Aurangzeb, according to a press release issued by the Ministry of Finance.
During the meeting, both sides reviewed the overall state of Pakistan–Germany economic relations and stressed the importance of sustained engagement to further strengthen bilateral cooperation in trade, investment and development. They reiterated their shared resolve to deepen economic ties and promote a stable, transparent and predictable business environment conducive to long-term growth.
The finance minister outlined the government’s economic outlook and reform priorities, highlighting the centrality of macroeconomic stability, fiscal sustainability and competitiveness-led growth. He briefed the ambassador on ongoing efforts to support economic recovery, strengthen export capacity and enhance resilience against external shocks, while maintaining momentum on structural reforms aimed at ensuring inclusive and durable development.
Discussions also focused on Pakistan’s revenue and taxation reform agenda, with emphasis on broadening the tax base, improving compliance and enhancing efficiency through technology and data-driven processes. Senator Aurangzeb noted that the reforms are designed to promote fairness, reduce distortions and create a level playing field for all economic actors, while encouraging investment and formal economic activity.
Ambassador Lepel welcomed the reform efforts and shared general observations from her engagements with the business community, stressing the importance of clarity, consistency and effective dialogue between stakeholders and public institutions. Both sides agreed on the value of continued engagement to ensure policy objectives are clearly understood and implementation remains aligned with economic growth and investor confidence.
The finance minister also highlighted ongoing administrative and institutional measures to strengthen tax administration, improve service delivery and enhance transparency. The discussion underscored the importance of predictable processes, timely resolution of issues and continued modernization of systems to facilitate compliance and support business activity.
The meeting also touched on the broader regional and global economic environment, with both sides acknowledging shared challenges and opportunities arising from global uncertainty. They emphasized the importance of cooperation, policy continuity and mutual understanding in navigating these dynamics and advancing sustainable economic outcomes.
