ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb held talks with the Asian Development Bank and an international aviation services company, a government statement said on Wednesday, to discuss energy sector reforms and private investment in airport operations.

The meetings took place on the sidelines of the World Economic Forum in Davos, where Aurangzeb outlined Pakistan’s recent economic stabilization efforts and its plans to expand private sector participation and international partnerships.

“The past year has marked a decisive shift toward macroeconomic stability,” he said in conversation with ADB President Masato Kanda, according to a statement circulated by the Finance Division.

“Discussions also covered efforts to modernize Pakistan’s energy sector and advance sustainable and clean energy solutions,” the statement added. “The Finance Minister highlighted ongoing reforms aimed at improving efficiency, strengthening systems, and supporting long-term economic sustainability.”

Aurangzeb emphasized the importance of continued collaboration with development partners, including ADB, to support these reforms and unlock Pakistan’s growth potential.