Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, convened a meeting with TPG Capital, represented by partner Jide Olanrewaju, to discuss strategies for bolstering investment ties and exploring avenues to enhance economic growth in Pakistan. The discussions centered on the country’s current economic trajectory, with a focus on the declining current account deficit and increased export performance.

According to Press Information Department, Minister Aurangzeb emphasized the government’s commitment to fostering a more stable economic environment through diversification strategies and structural reforms. These measures aim to create favorable conditions for both domestic and foreign investments, thereby attracting capital and boosting investor confidence in Pakistan’s market.

Mr. Olanrewaju from TPG Capital expressed interest in investing in climate transition infrastructure, aligning with the global trend towards sustainable development. The meeting also covered a strategic ten-year partnership framework with the World Bank, designed to support projects that could significantly impact Pakistan’s economic growth.

The meeting concluded with mutual commitments to pursue investment initiatives that support Pakistan’s economic and sustainable development goals, highlighting the importance of international partnerships in achieving these objectives.