Pakistan prioritizing investment in agriculture, IT, mining & energy: Finance Minister

BusinessPakistan prioritizing investment in agriculture, IT, mining & energy: Finance Minister

WASHINGTON DC: The Federal Minister for Finance and Revenue Muhammad Aurangzeb attended a Seminar on “Opportunities and Challenges for the Pakistani Economy through 2024 and Beyond” hosted by the Atlantic Council on the sidelines of the IMF/World Bank Spring meetings in Washington DC.

In his address, he highlighted the prevailing economic conditions in Pakistan and measures being taken by the government to put the economy on a higher growth trajectory by facilitating exports, increasing remittances, expanding the tax-base, improving ease of doing business, digitalizing economy and attracting Foreign Direct Investment (FDI) into the Country.

   

Positive trends in the industrial activity, better agriculture outlook, and improvements in the Composite Leading Indicators (CLI) of Pakistan’s major export markets were all signs that economy was on a recovery path.

The implementation of reforms under the 9th IMF Stand-By Agreement (SBA) provided Pakistan with much-needed macro-economic stability.

The finance minister said that Pakistan was prioritizing investment in key areas of agriculture, IT, mining and energy to enhance productivity and ensure sustainable growth. He invited international stakeholders to become close partners in Pakistan’s journey towards economic prosperity and development.

The Finance Minister Muhammad Aurangzeb is leading Pakistan’s delegation in the IMF / World Bank’s 2024 Spring Meetings being held in Washington DC.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

Countering Terrorism: Why Military Courts are Inevitable

Religious scholars unanimously call Iddat Case fabricated, politically motivated, contrary to Islamic teachings

0
Woman's testimony considered credible, sufficient in Iddat: Noor-ul-Haq Qadri Allama Nasir Abbas advises judiciary against interfering in iddat like sensitive religious matters ...

Chairman FBR Inaugurates New Building of Regional Tax Office

0
ISLAMABAD, Pakistan: The Chairman Federal Board of Revenue (FBR) Malik Amjed Zubair Tiwana on Thursday inaugurated the new building of Regional Tax Office in...

Auto industry key sector for Pakistan’s economy: Rana Tanveer

0
ISLAMABAD, Pakistan: The Japanese delegation led by Mr. Kenichi Ayukawa, Global Vice President, Suzuki Motor Corporation called on the Federal Minister for Industries and...

Over 32,000 Pakistani pilgrims reach Saudi Arabia

0
MAKKAH, Saudi Arabia: Approximately 30,000 Pakistani pilgrims have arrived in Saudi Arabia under the government scheme by May 23, 2024, traveling via 126 flights.Additionally,...

Interbank Dollar Rate Today in Pakistan – 23 May 2024

0
Interbank Exchange Rates in Pakistan The Interbank Closing Exchange Rate in Pakistan has been issued by the State Bank of Pakistan (SBP) for May 23,...
Advertisement