Meezan Bank commends govt's economic reforms

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MG News | August 08, 2024 at 07:05 PM GMT+05:00

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August 08, 2024 (MLN): Pakistan is moving in the right economic direction due to the government's actions involving the repayment of dividends to foreign investors, as highlighted by a delegation from Meezan Bank during a meeting with Finance Minister Muhammad Aurangzeb today.

During the meeting, Riyadh S.A.A. Edrees, who led the delegation, highlighted the bank's status as the largest bank in the Middle East, with over 17,000 employees across 1,000 branches throughout Pakistan.

Federal Minister Muhammad Aurangzeb emphasized that Pakistan's macroeconomic indicators are on an upward trajectory, leading to a growing public trust in the country's economic management.

He outlined the government's ongoing efforts in reforming the State-Owned Enterprises (SOEs), FBR, energy sector and privatization initiatives.

The Minister reiterated the government's commitment to fostering investment and enhancing the ease of doing business in Pakistan.

According to a press release issued today, the delegation also included President & CEO Irfan Siddiqui, Deputy CEO Syed Amir Ali, Governor of the State Bank of Pakistan (SBP), and senior officials from the Finance Ministry were also present in the meeting.

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