Saudi govt, companies consider Pakistan high priority economic opportunity: Ibrahim Almubarak

ISLAMABAD: Saudi Deputy Investment Minister Ibrahim Almubarak has said Saudi government and companies consider Pakistan a high priority economic, investment and business opportunity.

He said Pakistan is a major strategic partner for Saudi Arabia. Referring to the fraternal ties rooted deep in common faith, culture and shared values, he said we want to see Pakistan as one of our leading international partners. Addressing the moot, Finance Minister Muhammad Aurangzeb expressed the government’s commitment to fully facilitate the private sector to take the country towards export led growth. He said the government is focusing on bringing foreign direct investment to uplift various sectors.

He said our foreign exchange reserves have risen to nine billion dollars. He said the local currency is stable over the last ten months while the inflation is down to roughly seventeen percent. He said foreign buying is also coming in Pakistan Stock Market.The Finance Minister said Pakistan is seeking a larger and longer program with the IMF for permanence in the macroeconomic stability and structural reforms.

In his remarks, Minister for Commerce Jam Kamal Khan assured of extending full facilitation to the investors. He said the present government is committed to bringing a change in the economic landscape of the country.National Coordinator of Special Investment Facilitation Council Lieutenant General Sarfraz Ahmad expressed gratitude to the Saudi leadership for their unwavering support to Pakistan.

پاکستان تازہ ترین خبریں, پاکستان عنوانات

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