Finance Minister and Standard Chartered Explore Future Investment Projects in Pakistan
Senator Aurangzeb Promises Support for Foreign Investment and Economic Reforms
ISLAMABAD-Finance Minister and Standard Chartered Explore Future Investment Projects in Pakistan. On Wednesday, Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a virtual meeting with Sunil Kaushal, the Global Head of Corporate & Investment Banking at Standard Chartered Bank (SCB), to explore opportunities for increasing investment in Pakistan.
The meeting also included Rehan Shaikh, CEO of Standard Chartered Pakistan, along with the Finance Secretary and other senior officials from the Finance Division, as stated in a press release from the finance ministry.
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During the discussion, the Finance Minister highlighted the improving macro-economic indicators of Pakistan and reaffirmed the government’s commitment to ensuring economic stability through ongoing reforms.
“Our government is focused on fostering a welcoming environment for foreign investments, ensuring Pakistan remains a competitive and attractive location for global investors,” Senator Aurangzeb stated.
The conversation revolved around potential partnerships between the government and Standard Chartered Bank, particularly in areas like infrastructure development, digital banking, and sustainable finance.
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The Finance Minister assured the delegation of the government’s full support for their initiatives and expressed optimism about further enhancing the collaboration with Standard Chartered Bank.
“Standard Chartered sees Pakistan as a critical market with significant opportunities. We are committed to deepening our engagement with Pakistan by providing the necessary investment and financial support to help achieve the country’s economic goals, both now and in the future,” he said.
The meeting concluded with an agreement to explore specific investment projects in the months ahead.
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