April 23, 2024 (MLN): The macro-economic indicators have started showing positive trends in the country both internally and externally and the ongoing structural reforms would further set the direction of the economy in the right way, finance Minister, Muhammad Aurangzeb informed Pakistan Business Council UAE yesterday.
According to a press statement, Muhammad Aurangzeb held a meeting with foreign investors in Dubai and explored ways to enhance investment activity between the UAE and Pakistan by supporting existing economic partnerships and exploring further diversification.
He stressed upon the need of collaboration with industry leaders, government agencies, financial institutions, and local stakeholders to forge strategic partnerships that facilitate trade and investment inflows into Pakistan.
He also applauded Pakistani businessmen based in UAE for showcasing Pakistan's best business practices and conducive environment for forward-thinking investors especially in the area of IT, digitalization, climate change, agriculture and human capital.
He highlighted the competitive advantages that make Pakistan an ideal destination for investors seeking high returns and sustainable growth.
The Finance Minister also highlighted the role of SIFC in assisting investors at every stage of their journey, comprehensive support services including market research, regulatory guidance, investment facilitation, and post-investment support, ensuring a smooth experience.
During his meeting held with the senior officials of Mashreq Bank and First Abu Dhabi Bank in Dubai, he discussed strengthening of financial and economic cooperation.
The Minister emphasized upon the bankers to reconsider their appetite for arranging financing for the country given significant improvements in economic fundamentals.
