Prime Minister Shaukat Aziz said the reforms process in the financial sector in Pakistan would continue to utilise maximum potential of available resources and carry on the growth rate and ensure more progress and prosperity in the country.
He was talking to Citigroup Chairman and CEO William R. Rhodes who called on him here on the sidelines of annual meeting of the World Economic Forum.
Shaukat Aziz said the reforms agenda of the present government has increased the investment as the investors have gained confidence and trust in Pakistan.
He said these reforms have seen continued increase in the foreign investment and he especially mentioned over $ 3.5 billion foreign direct investment (FDI) in the first six months of the current fiscal year.
"New investment has increased job opportunities, enhanced quality of life of the people and promoted various development activities in the country", he said.
The prime minister said due to liberal economic policies of the government, a number of leading banks have expanded their operations in Pakistan and they were interested in further promoting their business activities.
William R. Rhodes, appreciating the financial sector reforms in Pakistan, said these reforms are being appreciated and acknowledged at the global level and were providing incentives to investors.
He said the Citibank is also increasing its operation in different parts of the country, taking advantage due to structural reforms.
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