London, New York investors back Pakistan’s direction

Hadia Batool
By
Hadia Batool
Hadia Batool is Web Editor of Minute Mirror. She can be reached at bhadia624@gmail.com.
2 Min Read

Summary

  • Federal Finance Minister Muhammad Aurangzeb has said Pakistan needs to continue strengthening its economic policies while keeping changing global economic conditions in view.
  • Addressing an event in Karachi, the finance minister said economic stability was essential for sustainable growth.
  • The minister said the government was focusing on fiscal discipline and macroeconomic stability while working to expand economic activity.
AI Generated Summary

Federal Finance Minister Muhammad Aurangzeb has said Pakistan needs to continue strengthening its economic policies while keeping changing global economic conditions in view.

Addressing an event in Karachi, the finance minister said economic stability was essential for sustainable growth. He stressed that greater participation by domestic investors would help attract more foreign investment into the country.

Aurangzeb said international investors were increasingly showing confidence in Pakistan’s economic direction. He noted that three Turkish companies had expressed interest in investing in the country’s power distribution companies, while investors in London and New York also viewed Pakistan’s current economic policy direction positively.

The minister said the government was focusing on fiscal discipline and macroeconomic stability while working to expand economic activity. Increasing exports alongside economic growth remains another key priority of the government, he added.

He emphasised the need for responsible and sustainable economic growth, saying the government and private sector must work together to create an environment that supports investment, business expansion and long-term development.

Aurangzeb also highlighted the performance of the Pakistan Stock Exchange, saying the market had reached record levels. He said the government was continuing to pursue policies aimed at increasing foreign investment and strengthening investor confidence.

The finance minister said the government was taking steps to facilitate investors and provide them with the necessary support. He added that maintaining economic stability remained a continuous process and required coordinated efforts from both the public and private sectors.

He also pointed to the impact of ongoing tensions in the Middle East, saying the conflict was affecting economies around the world. According to the minister, Pakistan must remain focused on maintaining stability while responding to changes in the international economic environment.

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Hadia Batool is Web Editor of Minute Mirror. She can be reached at bhadia624@gmail.com.
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