ISLAMABAD: Finance Minister Muhammad Aurangzeb vowed to push ahead with structural reforms in Pakistan’s energy, taxation, governance, and other sectors to ensure sustainable economic growth at a Harvard University conference, state-run media reported on Monday.
Pakistan secured a $7 billion financial bailout program from the International Monetary Fund (IMF) in September last year, as it moved to consolidate its economy after averting a default in 2023. Islamabad has since undertaken several reforms to reduce public debt, maintain low inflation, improve the energy sector’s viability, and accelerate growth.
Aurangzeb attended the Pakistan Conference at Harvard University, which, according to its website, is the “largest student-led gathering on Pakistan in the United States,” on Sunday. The conference is hosted by university students with the support of research centers. It convenes policymakers, academics, business leaders, and civil society experts to engage in critical discussions on Pakistan’s economic trajectory, governance, and global positioning.
“Emphasizing that ‘stability is not an end but a means to an end,’ the finance minister outlined the government’s strategy, including maintaining fiscal discipline, controlling inflation, and pushing ahead with deep structural reforms in energy, taxation, governance, and the management of state-owned enterprises,” state-run Associated Press of Pakistan (APP) reported.
The finance minister highlighted the government’s key economic achievements, which included a reduction in inflation to 0.7 percent year-on-year in March, the lowest in 60 years, an increase in Pakistan’s foreign exchange reserves, a three percent currency appreciation, and a current account surplus exceeding $1 billion in March 2025, APP said.
Aurangzeb also flagged major growth opportunities in Pakistan’s rich mineral resources, expanding information technology sector, green energy initiatives, and the country’s youthful entrepreneurial population, it added.
“Pakistan’s future will be shaped by bold, necessary choices,” the finance minister was quoted as saying by APP. “By investing in our people, modernizing our economy, and staying committed to reform, Pakistan will emerge stronger, greener, and more competitive.”
The finance minister arrived in Washington earlier this month to attend the IMF-World Bank Spring Meetings 2025. During his visit to the American capital, he met his counterparts from other countries, including senior officials of the IMF and the World Bank. Aurangzeb took part in panel discussions to highlight Pakistan’s economic achievements and spoke to international media outlets as well.

ISLAMABAD: Police have arrested a man for pelting stones and throwing “saffron-colored paint” at the Pakistan high commission in London, the top Pakistani diplomat in the United Kingdom (UK) said on Sunday, amid heightened tensions between Pakistan and India.
The London police have not revealed the identity of the suspect, but scores of Indian nationals last week gathered outside the Pakistani high commission in London to protest over an April 22 attack in Indian-administered Kashmir that killed 26 tourists.
New Delhi accused Pakistan of orchestrating the attack in the Pahalgam resort town. Islamabad has denied involvement and says it is ready to take part in a credible and transparent investigation into the attack.
“This morning [Apr. 27], at around 4-4:30am, a man came here and pelted stones [at the Pakistani high commission]. These are white stones, which are quite big and are not found here. He brought it from somewhere else. He had a bag and he [threw] this saffron-colored paint, this is like a paint, which you can see, this hit our logo and wall, and several [window] glasses were broken,” Pakistan’s High Commissioner Mohammad Faisal said.
“Police came and arrested that man. Now that man is in police custody, they are not telling us his nationality and identification details.”

In India, saffron is considered a sacred color, primarily associated with Hinduism, and is prominently featured in the national flag, where it represents strength and courage. A number of protesters, who gathered outside the Pakistan high commission, were seen wearing saffron-colored clothes.
On Sunday, Pakistan’s information minister, Attaullah Tarar, also accused Indian authorities of encouraging Indian nationals to “attack” Pakistan’s missions abroad, which he said was “unfortunate.” New Delhi did not immediately responded to Tarar’s statement.
High Commissioner Faisal said they had taken up the matter with Britain’s Foreign Office.
“This is a very big cause of concern for us as our security is at stake because, you know, our officials live on this street a little far from here,” he said.
“We will urge the British government to take action on this and punish the perpetrator behind this.”
Pakistan and India have fought multiple wars, including two on Kashmir, since their independence from British rule in 1947. Both neighbors rule part of the Himalayan territory but claim it in full.
New Delhi accuses Pakistan of supporting armed separatist militants in the Kashmir. Islamabad denies the allegations and says it supports the Kashmiri people diplomatically and politically.
The Pahalgam attack marks a dramatic shift in separatist assaults in Indian-administered Kashmir, which typically target Indian security forces.
In 2019, a suicide attack killed 41 Indian troops in Kashmir and triggered Indian air strikes inside Pakistan, bringing the countries to the brink of all-out war.