Citibank aims to unlock Pakistan’s economic potential

May 08, 2024 (MLN): Citibank is committed to supporting Pakistan's economic development through strategic partnerships and initiatives that aim to unlock the country's potential and enhance its competitiveness on the global stage, Ahmad Bozai, Managing Director Citibank Pakistan remarked on Tuesday.

To explore the investment prospects and economic dynamics in Pakistan, a delegation of international investors led by Ahmad Bozai, met with the Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, said a press release issued on the same day.

Bozai stressed the need for collaborative efforts between local and international stakeholders.

Reiterating the commitment to promotion of economic growth, the Federal Minister for Finance and Revenue encouraged the delegation to explore opportunities with confidence, as the government remains dedicated to facilitating their investments.

The Finance Minister assured the delegation that the government is committed to foster an enabling business environment in Pakistan.

Throughout the session, he emphasized Pakistan's improving macroeconomic trends over the past 10 months, characterized by positive economic indicators that have bolstered investor confidence.

Additionally, the Minister highlighted Pakistan's progress towards economic stability, stating that it is now opportune to invest in the country, especially the IT and agriculture sectors, stressing the need for both local and international investment to invigorate the nation's economy.

The meeting concluded on a shared note of commitment to foster economic growth.

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