Govt intends to strengthen bilateral ties with US: FM

June 7, 2021: Federal Minister for Finance and Revenue, Shaukat Tarin addressed a virtual meeting with the representatives of the US-Pakistan Business Council (USPBC) through a virtual link at the Finance Division.

SAPM on Finance and Revenue Dr. Waqar Masood, Adviser to the PM on Commerce Abdul Razak Dawood, SAPM on Institutional Reforms and Austerity Dr. Ishrat Hussain, Pakistan Ambassador to the US Dr. Asad Majeed Khan and other senior officers participated in the meeting.

In his remarks, the Finance Minister underlined that the Government intends to further strengthen its valuable trade, investment and people-to-people ties with the US. He stated that the Government is firmly committed to providing enabling environment to promote foreign investment in the country.

While speaking on the occasion, the Finance Minister underscored that Pakistan has witnessed V-shape recovery amid COVID-19 pandemic due to prudent policies of the Government. The Government is clearly focused to pursue an all-inclusive, sustained and robust economic growth over the period of time. Sound economic planning is the key to spur growth. The ultimate goal is to take growth to around 6-7% through short, medium and long-term planning in a structured manner, he stressed.

The Finance Minister further stated that Pakistan is looking forward to further deepen trade and investment linkages between the Pakistan and US. Coupled with 220 million consumer market, growing middle class and a young vibrant population, Pakistan offers immense investment and business opportunities for the US enterprises, he added.

In his concluding remarks, the Finance Minister thanked the participants for showing their interest and welcomed suggestions and feedback on the occasion.  The Finance Minister expressed his firm commitment to facilitate American enterprises and businesses in Pakistan.

Press Release