Top Stories

Pakistan's finance minister calls Gen Z participation in capital markets a national priority

Minister says capital and stock markets play a critical role in driving economic growth and achieving self-reliance

avatar-icon

Business Desk

The Business Desk tracks economic trends, market movements, and business developments, offering analysis of both local and global financial news.

Pakistan's finance minister calls Gen Z participation in capital markets a national priority

Pakistan Finance Minister Muhammad Aurangzeb

Finance Ministry

Finance Minister Muhammad Aurangzeb called increased Generation Z participation in Pakistan's capital markets a national priority.

While speaking at a Capital Market Development Fund ceremony in Islamabad on Tuesday, he said enhancing opportunities and awareness for young investors is essential for financial inclusion and long-term economic development.

Why is Gen Z participation in Pakistan's capital markets a priority?

Aurangzeb said capital and stock markets play a critical role in driving economic growth and achieving self-reliance.

Pakistan's stock market has remained stable despite ongoing challenges, and the government wants to mobilize domestic resources through greater local investment. Encouraging young investors to participate is central to that goal, he said.

What did the finance minister say about Pakistan's economic strategy?

The minister said the government is pursuing a cautious economic strategy in light of rising regional tensions, while keeping capital markets central to its sustainability agenda. He said the government is actively engaged in efforts to reduce tensions in the Middle East and seeks an early resolution to the conflict.

Aurangzeb said economic indicators have shown consistent improvement and the economy is moving in the right direction despite challenging conditions.

The government remains focused on managing the current account and fiscal deficit. He added that practical steps have been taken in recent months to stabilize foreign exchange reserves and ensure an uninterrupted oil supply through adequate funding.

What role does self-reliance play in Pakistan's capital market push?

The minister stressed that reliance on internal resources is essential to strengthening the national economy. He said commercial decisions must be made independently and in the national interest, with greater focus on raising capital through domestic means.

Regional tensions have also underscored the importance of shifting toward alternative energy sources and reducing dependence on external factors, he added.

What reforms is the government pursuing for Pakistan's capital markets?

Aurangzeb said the Securities and Exchange Commission of Pakistan plays a key role in improving investor awareness and facilitating market participation.

Legal and regulatory reforms at the SECP are needed to support this, he said, and assured the government's full backing for such measures.

The SECP has previously launched initiatives including Youth Investment Week to build financial literacy and protect young investors.

Comments

See what people are discussing