Finance Minister, Dr Abdul Hafeez Shaikh attended the World Bank-IMF spring meetings in Washington D.C. last week. During the visit, Dr Shaikh also participated in an investor outreach event in New York organised by Bank of America Merrill Lynch and KASB on 20th April.
Dr Shaikh met with senior management of BofAML and leading global debt and equity investors such as Alliance Bernstein, J.P. Morgan Investment Management, Goldman Sachs Asset Management, Invesco, and TIAA CREF. During his meetings, Dr Shaikh discussed Pakistan's future plans in the international capital markets and progress and challenges on the macroeconomic front.
The FM also spoke about the government's new measures to mobilize revenues, steady increase in remittances, the positive current account balance, the stable rupee, and other measures being undertaken by the Government of Pakistan to stabilise and grow the economy. He also informed about the liberal investment regime in Pakistan and invited the investors to avail the economic opportunities in Pakistan.-PR