Islamabad: Prime Minister Shehbaz Sharif has extended an invitation to American banks to explore investment opportunities in Pakistan’s crucial sectors, including infrastructure, energy, technology, and agriculture. This invitation was issued during discussions with a delegation of elite Pakistani American bankers at the 79th session of the UN General Assembly in New York.

According to Ministry of Information and Broadcasting, the Prime Minister assured the delegation of his government’s dedication to maintaining a stable macro-economic environment conducive for foreign investments. He outlined several government initiatives aimed at economic stabilization and appealing to foreign investors. These include broadening the tax base, enhancing ease of doing business, and ongoing reforms in state-owned enterprises. Sharif highlighted the improved economic indicators and Pakistan’s credit rating upgrades by Fitch and Moody’s as positive outcomes of these policies.

Furthermore, the Prime Minister briefed the delegation on the establishment of a Sustainable Finance Framework, which is set to facilitate the issuance of green and sustainability bonds in international capital markets. The delegation, featuring senior representatives from JP Morgan, Natixis Corps and Investments, Sumitomo Mitsui Banking Corp, Goldman Sachs, Citizens Bank, Lazard, and Audax Group, praised the government’s efforts in achieving macroeconomic stability. They expressed a keen interest in partnering on projects that could enhance the manufacturing sector and Small and Medium Enterprises (SMEs), pivotal for boosting Pakistan’s exports.