ISLAMABAD: Despite many geo-political problems Pakistan's economy is on the right track and all the problems being faced by country's economy will be overcome soon, said Dr. Shahid Amjad Chaudhry, Adviser to Prime Minister on Finance.
He said that Pakistan has the most liberal trade regime in the world where investment opportunities available to foreign investors in the country are almost unmatched in the world.
The Adviser to Prime Minister on Finance Dr. Shahid Amjad Chaudhry gave these remarks while meeting with Swiss Joint Economic Delegation which called on him in his office here Thursday.
The Swiss delegation was headed by Thomas Gretter, Co-Chairman Pakistan committee SACC while Ambassador Eric Martin, and Nicolas Plattner, Charged, affairs Embassy of Switzerland in Islamabad were also the part of the delegation.
Dr. Shahid Amjad Chaudhry informed the visiting delegation that agriculture and services sectors collectively constitute 65% of Pakistan's economy and invited the visiting delegation to invest in these sectors in Pakistan.
He further informed that pharmaceutical sector in Pakistan can also be a major attraction for investors from Switzerland.
The Adviser to Prime Minister on Finance further informed that Pakistan has the best performing stock exchange in the world along with most efficient banking sector in South Asia.
As symptom of improvement in Pakistan's economy, the Adviser added that inflation rate in Pakistan has been brought down to 7% in contrast to double digit figure a few years back, which is lowest in the region.
The talks of Pakistan with IMF in Washington have been very productive and successful, he remarked.
Thomas Gretter said that Switzerland wants to further consolidate its economic ties with Pakistan.
Many Swiss companies are successfully operating in Pakistan and Nestle is one such example.
Switzerland wants to capitalize on condusive investment and business opportunities available in Pakistan, he further said.
Thomas Gretter thanked the Adviser to Prime Minister on Finance, Dr. Shahid Amjad Chaudhry for extending hospitality and support.
Comments
Comments are closed for this article.