Business

Dar highlights Pakistan’s economic reforms, investment opportunities in New York meeting

ISLAMABAD: Deputy Prime Minister and Foreign Minister, Senator Mohammad Ishaq met with leading investment, banking and IT professionals in New York.

Dar highlighted Pakistan’s improving macroeconomic indicators, including the first current account surplus in 14 years, diminishing inflation, and upgrades in sovereign credit ratings by global agencies.

He also shed light on strategic initiatives including the Special Investment Facilitation Council (SIFC), established to streamline investment processes across priority sectors including agriculture, IT, minerals, energy, and tourism.

Underscoring the role of the finance, banking and IT sectors in catalyzing economic growth, the DPM emphasised Pakistan’s potential in fintech, infrastructure, sustainable finance, digitization and tokenization of assets, and digital banking. He also pointed to ongoing reforms, rapid digitalization, and enhanced compliance with global AML/CFT standards, all of which are contributing to stronger investor confidence.

Participants, affiliated with institutions such as Morgan Stanley, Bank of America, BNP Paribas, JP Morgan, and Goldman Sachs, engaged in a candid discussion on Pakistan’s investment landscape.

They shared valuable perspectives and expressed interest in exploring private sector-led initiatives that could contribute to Pakistan’s growth and complement broader efforts to strengthen economic ties between Pakistan and the United States.

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