Aurangzeb engages with J.P. Morgan on investment opportunities

Entertainment Sep, 5 2024
Aurangzeb engages with J.P. Morgan on investment opportunities
  • 93
  • 0

ISLAMABAD: Minister for Finance and Revenue Muhammad Aurangzeb held meeting with delegation of international investors led by Amin Mohammad Khowaja, CEO of J.P. Morgan Pakistan.

Discussions centered on interests of institutional investors exploring fixed-income investment opportunities in Pakistan's economy, said Finance Division in statement. "Discussions covered range of potential investment areas, including renewable energy, information technology, infrastructure development and financial sector," read statement. Finance Division informed that investors expressed keen interest in these sectors, "Recognising Pakistan as market with immense potential and strategic location as gateway to regional markets where foreign investors are eager to explore opportunities for investment in various sectors". Finance Minister assured delegation of government's full support in facilitating their investment ventures and welcomed their interest in contributing to Pakistan's economic growth.

"Country's economic growth is underpinned by robust fiscal discipline, inflation management and favourable balance of payments" Aurangzeb told delegation. He elaborated on government's structural reforms agenda, aiming at broadening tax base, rightsizing of public sector, privatisation drive and energy sector reforms to aid overall macroeconomic stability. Meanwhile, Finance Division in its statement informed that investor delegation commended government's efforts to create business-friendly environment and expressed optimism about prospects of increased investment flows into Pakistan.

NC Big Stories

Fazl rejects govt's draft on constitutional amendments

ISLAMABAD: Jamiat Ulema-e-Islam-Fazl Chief Maulana Fazlur Rehman categorically rejected draft of constitutional amendments, terming it ‘unacceptable and unviable‘....

President demands action against Modi over human rights violations

ISLAMABAD: President Asif Ali Zardari categorically rejected elections for legislative assembly of Indian Illegally Occupied Jammu and Kashmir (IIOJK), asserting that these po...

Russia to back Pakistan's bid for BRICS membership, says DPM Overchuk

ISLAMABAD: Russian Deputy Prime Minister Alexei Overchuk stated that Moscow supports Pakistan's inclusion in BRICS.  During joint press conference with Foreign Minister I...

Areej Chaudhary hopeful for Beauty of the World 2024 in China

Areej Chaudhary, a trailblazer in Pakistan’s pageantry scene, is set to represent her country once again on the international stage at the Beauty of the World 2024 pagea...

More like this
Related

Areej Chaudhary hopeful for Beauty of the World 2024 in China

Areej Chaudhary, a trailblazer in Pakistan’s pageantry scene, is set to represent her country once again on the international stage at the Beauty of the World 2024 pagea...

Muneeb, Aiman enjoy family time in Dubai

Aiman Khan and Muneeb Butt make one of the most loved couples in the Pakistani entertainment industry. The duo are successful in their individual capacity but they also are s...

Taylor swift ready for motherhood

As lovebirds Taylor Swift and Travis Kelce are going strong with their romance, sources suggest that the American pop superstar is ready to embrace motherhood. As the Europea...

Firdous Jamal finds many faults in acting of Mahira, Humayun

Senior actor Firdous Jamal criticises Humayun Saeed and Mahira Khan saying former has been doing monotonous roles and latter too aged to be heroin. He said he was still stick...
Need Help? Chat with us