Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a meeting with a delegation from the Multilateral Investment Guarantee Agency (MIGA) at the Finance Division today. The delegation was led by Mr. Dilawar Bajauri, Senior Investment Guarantee Officer – Financial Institutions and Capital Markets / Lead for FIG Products / Business in the Middle East, Turkey, and Pakistan, along with Mr. Jae Kwon, Senior Underwriter – Head of South Asia Business Development. The delegation highlighted MIGA’s role in offering short-term credit guarantees, which complement the efforts of the International Finance Corporation (IFC) in promoting private sector development. They underscored their organization’s commitment to supporting financial institutions and capital markets in Pakistan and expressed confidence in the country’s economic potential - Pakistan being MIGA’s first destination in Asia. Senator Muhammad Aurangzeb reiterated Pakistan’s commitment to fostering a conducive investment climate and expressed hope for continued collaboration with MIGA in advancing the country’s economic and financial sector development. The meeting concluded with both sides agreeing to maintain close coordination.
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