A delegation of leading Financial institution NAMURA Bank, UK, led by Kenichi Watanabe President and CEO Nomura Holdings, Inc held a meeting with Senator Waqar Ahmed Khan, Federal Minister for Privatisation and expressed keen interest to bring investment in Pakistan putting their stakes in the State Owned Entities (SoEs) to revitalise Pakistan's economy.
According to a message received here from UK, the minister who is currently on a visit to UK met the leading investment banks and business groups and briefed them about the new concept of future value added privatisation programme. He also informed the business groups regarding the growing economic scenario of Pakistan and informed that the growth rate was improving while interest rate has decreased from 16 to 13% and the inflation has also came down from 24 per cent to 10 per cent.
He said that the government was determined to make more efforts for political stability to further strengthen the economic stability. The delegation of Namura Bank expressed confidence in Pakistan's economy and appreciated the government for bringing in stability and its continuing efforts for the economic reforms.
They also appreciated the government's resolve for bringing in political and economic stability through reconciliation process and taking unanimous decisions for NFC award and Balochistan package. They assured that they would soon visit Pakistan to further explore the investment opportunities being extended through the Privatisation Programme. A high power delegation will visit Pakistan in the coming week to hold meetings with the officials for identifying the areas of interests.
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