Pakistan, Standard Chartered highlight strong economic partnership

News Image

By MG News | May 08, 2025 at 12:45 PM GMT+05:00

0:00

May 08, 2025 (MLN): The strong and enduring partnership between the Government of Pakistan and Standard Chartered Bank in advancing Pakistan’s economic development agenda was underscored during a significant meeting held in London.

The meeting took place between Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, and Mr. Bill Winters, Group Chief Executive Officer of Standard Chartered Bank.

During the meeting, Minister Aurangzeb expressed his deep appreciation for the longstanding and vital support provided by Standard Chartered Bank to Pakistan’s macroeconomic reform efforts.

He acknowledged the Bank’s instrumental role in facilitating sustainable economic development and its continued engagement with key financial initiatives in the country.

The Minister also reviewed the current pipeline of financial support and reaffirmed the Government’s commitment to ongoing reform measures aimed at ensuring macroeconomic stability and fostering inclusive growth.

He lauded Standard Chartered’s confidence in Pakistan’s economic trajectory and its contributions to critical sectors of the economy, as per the press release issued today.

Mr. Bill Winters, in turn, commended the progress being made by Pakistan on macroeconomic reforms and the recent signs of stabilization within the economy.

He reiterated Standard Chartered Bank’s support for Pakistan’s financial and economic initiatives, emphasizing the Bank’s long-term commitment to the country’s development goals.

The meeting concluded on a positive note, with both sides reaffirming their intention to further strengthen collaboration and support shared objectives for Pakistan’s economic prosperity.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 120,023.24
136.80M
0.02%
20.65
ALLSHR 74,956.95
415.25M
0.09%
64.82
KSE30 36,533.23
44.37M
0.25%
91.50
KMI30 177,648.07
53.46M
0.48%
854.02
KMIALLSHR 51,412.96
224.87M
0.22%
113.15
BKTi 30,161.85
6.28M
0.10%
29.54
OGTi 27,008.50
5.66M
0.59%
157.59
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 101,200.00 101,705.00
99,090.00
-2220.00
-2.15%
BRENT CRUDE 78.51 81.40
78.09
1.50
1.95%
RICHARDS BAY COAL MONTHLY 88.00 0.00
0.00
-3.70
-4.03%
ROTTERDAM COAL MONTHLY 103.85 0.00
0.00
0.10
0.10%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 75.35 78.40
74.91
1.51
2.05%
SUGAR #11 WORLD 16.53 16.73
16.44
0.22
1.35%

Chart of the Day


Latest News
June 23, 2025 at 09:22 AM GMT+05:00

Asia markets fall after U.S. strikes in Iran


June 23, 2025 at 09:19 AM GMT+05:00

NBP issues foreign exchange rates


June 23, 2025 at 06:00 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


June 23, 2025 at 12:47 AM GMT+05:00

Weekly Market Roundup


June 22, 2025 at 06:10 PM GMT+05:00

OGRA confirms ample oil stocks



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg