A delegation of international investors, led by Standard Chartered Bank, convened with Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, at the Finance Division today. The meeting aimed to explore Pakistan’s economic dynamics and investment opportunities.
In attendance were Chief IR Ops. FBR, Mr. Ijaz Hussain, Special Secretary Finance, and senior officers from the Finance Division, alongside senior officials from Standard Chartered Bank.
Senator Aurangzeb assured the investors of the government’s commitment to facilitating the business environment in Pakistan, highlighting macroeconomic stability, reduced inflation, and a thriving stock market as indicators of growing investor confidence.
Emphasizing tax initiatives, the Finance Minister outlined plans to broaden the tax base and expedite digitalization within the Federal Board of Revenue (FBR). He also discussed privatization efforts, starting with Pakistan International Airlines (PIA), and extending to other sectors in the future.
Senator Aurangzeb emphasized the potential of the IT and Agriculture sectors for investment, stressing the importance of both local and international investments in these areas for economic growth.
Discussions covered various economic aspects, including the IMF program, upcoming budget targets, market perception, and foreign reserves. The Minister pledged to streamline processes, offer incentives, and ensure a stable regulatory framework to encourage investment.
The meeting highlighted collaborative efforts between Pakistan and international investors, demonstrating the nation’s commitment to fiscal responsibility, investor-friendly policies, and inclusive economic growth.
