Islamabad: Finance Minister Muhammad Aurangzeb has extended an invitation to international stakeholders to invest in Pakistan’s agriculture, IT, renewable energy, and pharmaceutical sectors.

According to a statement by Ministry of Information and Broadcasting, the minister’s appeal was made through an article on the World Economic Forum website, where he emphasized Pakistan’s strides toward economic stability and growth.

Minister Aurangzeb highlighted that the nation is experiencing a significant economic recovery, with inflation now at 4.1 percent and foreign exchange reserves sufficient for over two months of imports. He pointed out that the country’s exports have increased by 7.1 percent, and the IT sector has shown a remarkable 28 percent growth year-on-year.

The article notes a substantial decrease in Pakistan’s global default risk by 93 percent, indicating growing confidence in the country’s fiscal health. The finance minister emphasized Pakistan’s emergence as a promising investment destination, with contributions from international corporations such as Aramco, BYD, and Samsung playing a pivotal role in the economic resurgence.

Minister Aurangzeb also reported a surplus in the current account for three consecutive months and a rise in investor confidence, reaching a two-year high. Foreign direct investment has surged by 20 percent in the first half of the current fiscal year, reflecting a renewed trust in the country’s economic direction.

He further mentioned that initiatives such as the Roshan Digital Account have attracted over nine billion dollars in inflows, and remittances have hit a record 35 billion dollars this year. Pakistan’s equity market has delivered an 87 percent return in dollar terms, showcasing robust investor sentiment and economic optimism.