Islamabad: In a concerted effort to attract more investors, Minister for Finance and Revenue Muhammad Aurangzeb emphasized the government’s commitment to fostering a stable and investor-friendly environment during a virtual meeting with Ahmed Abdelaal, President of Mashreq Bank.

According to Ministry of Information and Broadcasting, Minister Aurangzeb lauded Mashreq Bank’s renewed interest in Pakistan’s economic landscape, expressing enthusiasm for re-engaging with the institution. He highlighted significant investment potential in the IT and agriculture sectors of Pakistan, advocating for enhanced investment flows from both domestic and international stakeholders to spur economic growth.

During the meeting, the Minister provided a comprehensive overview of Pakistan’s current economic situation, noting recent improvements in macroeconomic indicators, currency stability, and financial markets. He detailed the government’s economic strategies aimed at stabilizing the macroeconomic environment and boosting investor confidence through initiatives such as broadening the tax base, improving business processes, digitalizing the Federal Board of Revenue, and implementing reforms.

President Abdelaal responded positively, commending the government’s efforts and expressing Mashreq Bank’s eagerness to deepen its financial sector engagements in Pakistan. He also outlined potential areas for investment, including infrastructure, energy, technology, agriculture, and small and medium enterprises, acknowledging Pakistan as a strategic market for these opportunities.