Pakistan, May 8 -- Finance Minister Muhammad Aurangzeb has expressed optimism that the International Monetary Fund (IMF) Executive Board will approve Pakistan's next $1.2 billion loan tranche during its meeting scheduled for Friday in Washington, DC.

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Speaking during a briefing of the National Assembly Standing Committee on Finance and Revenue, chaired by Syed Naveed Qamar, the finance minister said Pakistan's macroeconomic indicators remain broadly stable despite regional tensions and external pressures.

Aurangzeb stated that key economic sectors, including exports, remittances and information technology exports, are showing consistent growth. He added tha...