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Prime Minister Shaukat Aziz on Monday said the high inflows investment into Pakistan from all over the world are a manifestation of investors' confidence in the government's policies and are contributing to higher growth, employment generation and poverty alleviation.
He was talking to Brunei Economic Development Board Chairman Timothy Ong, who called on him here at the Prime Minister House on Monday evening. The Prime Minister said that de-regulation measures adopted by the government provided immense opportunities to the investors.
The continuity of policies, improved governance and macro economic stability restored the confidence of investors and world-renowned companies were entering into joint ventures with Pakistani companies, he added.
Last year, the Prime Minister said the country received record high amount of 3.9 billion dollar as foreign direct investment. During the first quarter of this year, investments of 1.2 billion dollar had been realised which again was a record, the Prime Minister added.
Timothy Ong said the convening of World Islamic Economic Forum by Pakistan was a commendable act, which would strengthen the economic ties between Muslim countries.
He said the Muslim countries were facing common challenges and needed to adopt a common approach to solve those problems and WIEF could serve as a platform to adopt this common strategy. The meeting was attended among others by Advisor to the Prime Minister on Finance, Dr Salman Shah and senior officials.

Copyright Associated Press of Pakistan, 2006

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