The visit of the US investors' delegation to Pakistan and their interest in investment in key sectors including mining and minerals, renewable energy... The post Pakistan has great potential for investment: Khurram Schehzad appeared first on Mettis Global Link.
January 31, 2025 (MLN): The visit of the US investors' delegation to Pakistan and their interest in investment in key sectors including mining and minerals, renewable energy, infrastructure development, and technology has great importance for Pakistan, Advisor to Finance Minister Khurram Schehzad said while speaking to a private TV channel.
Pakistan and US trade relations have significant value, as Pakistan's trade to the US market is surplus, he added.
This US investors delegation visit to Pakistan will further improve ties between the two countries, he further noted.
"Pakistan is in dire need of investment, and Pakistan has less investment to GDP ratio which we can raise 5%-8%," he stated.
He said that the government wanted export-led growth.
“Economic indicators are positive presently, and we want to reduce the cost of doing business,” he further added.
He also mentioned that the interest rate has declined, inflation has decreased, the currency has stabilized, and foreign reserves have reached the highest level in the past two and a half years.
Khurram Schehzad went on to say that steps for the right-sizing of the Federal government and regarding privatization are underway.
He said that investors are seeing structural reforms in Pakistan, adding that US investors delegation timely came to Pakistan, as smart and sharp investors go where they see changes so that they could get better returns.
Advisor to the Finance Minister said that Pakistan has great investment potential and it’s all sectors are open for investment.
He said, “We prioritize the agriculture sector as investment can be made in all its value chain”.
“We have to overcome challenges and bring improvements at all levels for attracting foreign investment in the country”, he added.
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Posted on: 2025-01-31T23:32:03+05:00
The post Pakistan has great potential for investment: Khurram Schehzad appeared first on Mettis Global Link.
