Finance Minister meets Chinese counterpart, promises to speed up CPEC Phase 2 – Daily Sama Newspaper

Finance Minister Muhammad Aurangzeb met his Chinese counterpart where he appreciated China’s cooperation for Pakistan’s economy and reiterated the government’s commitment to speed up work on the 2nd phase of CPEC. Federal Finance Minister Muhammad Aurangzeb said that the first phase of CPEC is related to the construction of infrastructure, while the second phase of CPEC will be related to the functioning of economic zones, Pakistan fiscal year 2025-26 Meanwhile, China wants to launch panda bond Finance Minister expressed the determination of the government of Pakistan to speed up the second phase CPEC Meanwhile, Muhammad Aurangzeb condemned the terror attack on Chinese nationals in Pakistan and expressed grief over the loss of lives. The finance minister also reiterated his commitment to protect Chinese citizens, Aurangzeb informed about the expansion program of the International Monetary Fund (IMF), the energy sector and tax reforms were also discussed, he thanked the IFC for its support in the outsourcing of the Islamabad airport.