Govt reaffirms investor commitment, calls for structural reforms

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MG News | July 15, 2025 at 03:26 PM GMT+05:00

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July 15, 2025(MLN): The government reaffirmed its commitment to resolve policy challenges and unlock Pakistan’s full investment potential, as it responded to concerns raised by OICCI members representing over 200 leading foreign investors.

The aforesaid information was shared by Khurram Schehzad, Adviser to the Finance Minister, on his official X (Twitter) account to emphasise the government’s reform drive and investor outreach.

With investor confidence on the rise, as shown in the OICCI Business Confidence Survey, Finance Minister Senator Muhammad Aurangzeb encouraged multinationals to explore high-potential sectors such as mining and minerals, agriculture, IT and infrastructure.

Speaking at a high-level meeting hosted by the Overseas Investors Chamber of Commerce and Industry (OICCI) yesterday, the minister highlighted signs of economic improvement and stressed the need for continued structural reforms to sustain the momentum. 

“We are witnessing early signs of macroeconomic recovery, but to break free from recurring cycles of instability, Pakistan must take bold and sometimes difficult decisions,” said Senator Aurangzeb.

“The government is fully committed to supporting the business community by ensuring a transparent, predictable and investment-friendly environment.”

He reassured the foreign investor community of ongoing efforts to simplify regulations, improve policy consistency and foster a more enabling climate for both existing businesses and potential new entrants. 

OICCI President Yousaf Hussain acknowledged the government’s economic stabilisation efforts and stressed the importance of institutional strengthening.

 “We welcome the improving macroeconomic indicators and renewed signs of stability,” he said.

“To convert this into sustained growth, we must strengthen our institutions, invest in professional capacity and ensure consistent policymaking. The induction of qualified technocrats and timely execution, particularly through a comprehensive national economic recovery plan, are essential to moving forward.”

Echoing these views, OICCI Secretary General Abdul Aleem pointed out that Pakistan’s foreign direct investment (FDI) remains below 1% of GDP. 

“We are encouraged by the government’s focus on simplifying the regulatory environment,” he said.

“However, the recent exit of some major multinationals also highlights the need to reduce over-regulation and improve the overall investment climate for both existing businesses and potential new entrants.”

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