Experts from Japan to draft assessment report on Pakistan’s economic situation

ISLAMABAD: A high-level mission from Japan International Cooperation Agency (JICA) is in the federal capital to draft an assessment report on Pakistan’s economic situation, sources told Business Recorder. The mission which landed in Islamabad on July 30, 2025 will continue to hold discussions with Pakistani authorities.

JICA’s local office has been interacting with Pakistani authorities, representatives of International Financial Institutions (IFIs) and Federation of Pakistan Chamber of Commerce and industry (FPCCI) after JICA Headquarters, Tokyo, decided to dispatch a five-member Macro-Economic Review Mission to undertake Micro Review of Pakistan.

JICA sending team for economic assessment

The mission comprising Tsuji Kensuke, Deputy Director General, Credit Risk Analysis and Environmental Review Department, JICA Headquarters, Tanaka Tomoaki, Economist/ Deputy Director, Macroeconomic Analysis Division, Credit Risk Analysis and Environmental Review Department, JICA HQ, Dr Ono Saori Economist, Macroeconomic Analysis Division, Credit Risk Analysis and Environmental Review Department, JICA Headquarters and DrIshi Shogo, Consultant, JICA Headquarters has already held discussions with relevant authorities, including Ministries, banks, organisations and donors.

The mission is also holding meetings with State Bank of Pakistan’s team (SBP) led by Governor, President & CEO, National Bank of Pakistan, Rehmat Ali Hasnie; President, Habib Bank Limited (HBL), Muhammad Nasir Saleem; Chief Executive Officer (CEO), Standard Chartered Bank (SCB) Rehan Sheikh; President, Federation of Pakistan Chambers of Commerce and Industry, AtifIkram Sheikh; Resident Representative, Mahi Binici; Country Director World Bank, Bolormaa Amgaarbazar; Country Director, Asian Development Bank (ADB) Emma Xiaoqin; Chief Economist, Ministry of Planning, Development and Special Initiatives, Dr Imtiaz Ahmad; Secretary Special Investment Facilitation Council (SIFC) Jamil Qureshi; Chairman Federal Board of Revenue (FBR), Rashid Langrial; Member Inland Revenue Policy (FBR), Dr Najeeb Ahmad Memon; Finance Ministry’s team led by Secretary Finance, Imdadullah Bosal; Secretary Power Division, Dr Fakhre Alam Irfan and Additional Secretary Incharge, Secretary Petroleum Momin Agha.

The mission has held discussions with National Electric Power Regulatory Authority (Nepra), Ministry of Economic Affairs, Jetro and Marubini and Japanese Bank MUFG Bank, formerly known as the Bank of Tokyo-Mitsubishi etc.

Copyright Business Recorder, 2025