Minister for Finance Muhammad Aurangzeb has declared negotiations with international financial institutions as positive.

Addressing a news conference in Washington along with Pakistan Ambassador to the United States Masood Khan, he said that Pakistan Stock Market witnessed a historical bullish trend in recent days due to positive indicators of economy.

The Minister said that the mechanism regarding tax collection was also being improved through reforms.

He said that Pakistan was heading towards financial stability as government’s vision regarding revival of economy is quite clear.

Muhammad Aurangzeb also stressed the need for concrete measures to reduce government expenditures.

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