Lahore: In a commitment to bolster foreign investment and economic stability, Finance Minister Muhammad Aurangzeb announced a series of measures aimed at improving the investment climate in Pakistan. Speaking via video link at a seminar titled ‘CPEC Phase-two and the region’, the Minister outlined the government’s strategy to decrease inflation and enhance investor confidence.

According to Ministry of Information and Broadcasting, Minister Aurangzeb detailed the success of the government’s efforts in reducing the inflation rate and highlighted a downward trend in the policy rate. He noted that these measures have significantly boosted the confidence of investors in the national economy.

The seminar also served as a platform for the Minister to discuss the progression of the China-Pakistan Economic Corridor (CPEC). He explained that the first phase of CPEC concentrated on infrastructure development, and the upcoming second phase will focus on leveraging the assets developed in the first phase to generate economic value.

Moreover, Aurangzeb emphasized the pivotal role of the private sector in driving economic growth and assured that the government is dedicated to creating a supportive environment for foreign investors, particularly from China and Saudi Arabia. He expressed optimism about the potential success of the ongoing International Monetary Fund (IMF) program.

In his address, the Minister reaffirmed the government’s commitment to maintaining and implementing policies that would continue to attract and protect foreign investments in the country.