PID

PR No. 162 CITIGROUP CALLS ON FINANCE MINISTER Islamabad

A delegation of Citigroup, led by CEO Middle East and Africa, Mr. Atiq-ur-Rehman, called on the Federal Minister for Finance Senator Mohammad Ishaq Dar here on Wednesday.

Mr. Atiq-ur-Rehman congratulated the Finance Minister on successfully completing the IMF program and leading the country towards an economic turnaround and growth. He said that Pakistan’s economy is performing much better than many Middle Eastern and African countries. He also said that Pakistan has become an important country in the emerging markets and the world is developing an appetite for investment opportunities available in Pakistan. Pakistan has shown outstanding performance in all the significant development and economic indicators in the recent years, he added.

The delegation discussed with the Finance Minister possible options for increasing foreign investment in the country as the improved security situation and the better rating by the international institutions has made Pakistan a favorable investment destination.

The Finance Minister shared with the Citigroup delegation Government’s determination to increase foreign investment in the country and achieving even higher growth rates in the next two years. He asked the Citigroup team to analyze various options to attract investment in the country.

The Finance Minister thanked the Citigroup for its support to Pakistan in overcoming financial difficulties.

The meeting was participated by senior officials of Ministry of Finance.

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