ISLAMABAD: Minister for Finance and Revenue Senator Ishaq Dar has said that government is making all possible efforts to steer economy of difficult situation in order to put it on path of sustainable economic growth.

Addressing Iftar dinner hosted by Islamabad Chamber of Commerce and Industry (ICCI) in honor of foreign diplomats, Dar said that friendly countries were expected to materialise their commitments with Pakistan that would pave the way to close deal with IMF and revive economy.

He said that in 2016, Pakistan was a rising economy as it was expected to become world’s 18th-strongest economy, but was now facing serious economic challenges.

He said that Pakistan would not default and government was making all possible efforts to steer it out of difficult situation in order to put it on path of sustainable economic growth. He lauded initiative of ICCI for hosting an Iftar dinner for diplomats.

Movlamov, Ambassador of Turkmenistan,  Yerzhan Kistafin Ambassador of Kazakhstan, Khazar Farhadov Ambassador of Azerbaijan, Ulanbek Totuiaev Ambassador of Kyrgyzstan,Dr. Mehmet Pacaci Ambassador of Turkey,  Adam M. Tugio Ambassador of Indonesia, Dr. Ramez Alraee, Ambassador of Syria, and diplomats of many other countries including Saudi Arabia, Australia, Malaysia, Poland, Sri Lanka, Nepal, Republic of Turkish Northern Cyprus attended Iftar Dinner. They appreciated ICCI for hosting magnificent Iftar dinner for them.

Ahsan Zafar Bakhtawari President ICCI urged government to ensure consistency in economic policies that would enable business community and investors to invest in Pakistan with confidence. He said that foreign investors should transfer technology to Pakistan and explore joint ventures and investments in areas of interest.

Tariq Fazal Chaudhry former minister said that government was determined to promote ease of doing business and hoped that current difficult phase would be over soon.

Faad Waheed senior Vice President said that Pakistan needed exports to overcome its foreign exchange crisis and hoped that foreign diplomats would fully cooperate with Pakistan in realising this goal. Engineer Azhar ul Islam Zafar Vice President thanked chief guest, diplomats and all participants for attending Iftar dinner.

Junaid Afzal Chairman Nova Group said that with efforts of Ahsan Zafar Bakhtawari Nova Group was working out on an attractive discounted package of residential and commercial plots for members of business community.

Published in The Daily National Courier, March, 27 2023

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