Prime Minister Shehbaz Sharif, during his meeting with a group of prominent Pakistani-American bankers at the 79th UN General Assembly, invited American banks to invest in Pakistan’s critical sectors, including infrastructure, energy, technology, and agriculture. He assured the delegation of the government’s unwavering commitment to creating a stable macroeconomic environment conducive to foreign investment.
The prime minister emphasized the government’s recent efforts to stabilize the economy and foster foreign investment by expanding the tax base, improving the ease of doing business, and reforming state-owned enterprises. These initiatives have led to improved economic indicators, with international rating agencies such as Fitch and Moody’s upgrading Pakistan’s credit rating.
Additionally, PM Shehbaz shared insights into the establishment of a Sustainable Finance Framework, aimed at enabling Pakistan to issue green and sustainability bonds in international capital markets, further supporting the country’s long-term development goals.
The delegation, which included representatives from leading financial institutions like JP Morgan, Goldman Sachs, Natixis Corps & Investments, and Citizens Bank, commended the government’s efforts in achieving macroeconomic stability. They expressed keen interest in collaborating with the government, particularly in strengthening the manufacturing sector and small- and medium-sized enterprises (SMEs) to enhance Pakistan’s export potential.
This discussion reflects the government’s ongoing commitment to attracting foreign investment to drive economic growth and development in Pakistan.
