Islamabad: In a significant move to bolster economic growth, Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged in a virtual discussion with Mr. Sunil Kaushal, Global Head of Corporate and Investment Banking at Standard Chartered Bank. The meeting, focused on expanding investment in Pakistan, also saw participation from Mr. Rehan Shaikh, CEO of Standard Chartered Pakistan, the Finance Secretary, and other senior officers from the Finance Division.
According to Press Information Department, the dialogue centered on potential collaborations between the Government of Pakistan and Standard Chartered Bank, targeting sectors such as infrastructure development, digital banking, and sustainable finance. During the meeting, Minister Aurangzeb highlighted the positive trajectory of Pakistan’s macro-economic indicators and reaffirmed the government’s dedication to maintaining economic stability through various reforms.
“Our government is dedicated to creating a conducive environment for foreign investments, ensuring that Pakistan remains a competitive and attractive destination for global investors,” Senator Aurangzeb remarked.
Mr. Kaushal expressed his confidence in Pakistan’s economic outlook and reiterated Standard Chartered’s commitment to the country. “Standard Chartered views Pakistan as a key market with vast opportunities and we are committed to deepen our engagement with the country by extending all kinds of investment and financial support needed to fulfill the country’s economic ambitions, in the present as well as the years to come,” he stated.
The meeting concluded with both parties agreeing to explore specific investment projects in the coming months. The Finance Minister assured the delegation of the government’s full support in facilitating their initiatives and expressed his optimism about further strengthening the partnership with Standard Chartered Bank.