ISLAMABAD: Pakistan’s Finance Minister Muhammad Aurangzeb on Wednesday reaffirmed Islamabad’s commitment to facilitating foreign investment and enhancing engagement with the American business community, the Finance Division said in a statement.
The statement was issued after Finance Minister Muhammad Aurangzeb met Mark Pommersheim, the US deputy assistant secretary of the Bureau of South and Central Asian Affairs. Pommersheim called on the Pakistani finance minister along with US Chargé d’Affaires Natalie Baker at the Finance Division.
Both sides discussed Pakistan’s economic outlook, reform agenda and avenues for enhancing bilateral economic cooperation, the statement said.
“The finance minister reiterated Pakistan’s commitment to facilitating foreign investment and maintaining regular engagement with the US business community, including the US Chamber of Commerce and the American Business Council,” the Finance Division said.
Aurangzeb informed the US officials about the progress regarding Pakistan’s macroeconomic stabilization reforms. He shared that Pakistan’s fiscal deficit has declined in recent months while the country’s current account has improved due to strong remittance inflows and growth in IT exports.
