FinMin sees foreign investors' morale high

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FinMin sees foreign investors' morale high
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LAHORE: Finance Minister Muhammad Aurangzeb asserted that morale of foreign investors was getting high.

Addressing seminar via video link here, Aurangzeb said: "Foreign investment in country is witnessing an increase. Policy rate is getting decreased with efforts put by government." "Inflation rate has also witnessed drop due to measures taken by incumbent government," he added. Highlighting role of private sector, Aurangzeb said, "Private sector is capable enough to provide impetus to country's economy." "Phase-II of China-Pakistan Economic Corridor is about to start," he said. Aurangzeb said, "Strong foundation has been laid to stabilise country's economy." He hoped that International Monetary Fund would approve new programme. Few days back, Aurangzeb said that Prime Minister Shehbaz Sharif has belief in bringing investment in country rather than looking to bag aid.

"Government is putting out all-out efforts to ensure investment from Saudi Arabian government." Aurangzeb commended efforts of his government, saying, "Government is putting sincere efforts to put country's economy back on track."

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