Finance Minister Senator Muhammad Aurangzeb has assured foreign investors of the government’s full support in facilitating their business ventures in Pakistan.
In a meeting with a delegation of international investors led by J.P. Morgan Pakistan’s CEO, Amin Mohammad Khowaja, the finance minister welcomed their interest in contributing to Pakistan’s economic growth, according to an official statement.
Senator Aurangzeb highlighted Pakistan’s achievements in improving macroeconomic indicators, including a 14 percent rise in exports, a reduction in inflation to 9.6 percent—the lowest in 34 months—and a significant decrease in the Current Account deficit.
He also pointed out the improvement in Pakistan’s sovereign credit ratings, reflecting a stable and promising economic outlook. “The country’s economic growth is underpinned by robust fiscal discipline, inflation management, and a favorable balance of payments,” he remarked.
The finance minister discussed the government’s ambitious structural reforms, which focus on broadening the tax base, rightsizing the public sector, privatization, and energy sector reforms, all aimed at ensuring macroeconomic stability.
Senator Aurangzeb reaffirmed the government’s commitment to advancing these reforms to enhance the efficiency and governance of public institutions. “These reforms,” he noted, “are designed to create a more conducive environment for foreign investment and ensure the long-term stability of the economy.”
He reiterated Pakistan’s dedication to attracting foreign investment by maintaining a business-friendly environment.
The delegation praised the government’s efforts to create such an environment and expressed optimism about the potential for increased investment in Pakistan. Discussions covered a wide range of potential investment areas, including renewable energy, information technology, infrastructure development, and the financial sector.
The investors recognized Pakistan as a market with immense potential and a strategic location, serving as a gateway to regional markets, and expressed eagerness to explore opportunities across various sectors.
