Finance Minister vows to maintain economic stability

Finance Minister Senator Muhammad Aurangzeb has reaffirmed government's dedication to maintaining a stable macroeconomic environment and facilitating foreign investment. He was virtually meeting with Group CEO of Dubai Islamic Bank Adnan Chilwan in Islamabad today. He invited the Dubai Islamic Bank to enhance its investment in the country and expressed optimism about future collaborations with Dubai Islamic Bank. He further highlighted government's commitment to strengthening economic ties with international partners, particularly in Islamic banking. The Minister discussed country's economic trajectory and explore potential avenues for increased investment in the country. Muhammad Aurangzeb provided an in-depth overview of Pakistan's current economic scenario, emphasizing the progress made in stabilizing the economy and fostering a conducive environment for business and investment. He highlighted key initiatives taken by the government such as broadening the tax base, enhancing the ease of doing busines s, the digitalization of the Federal Board of Revenue and ongoing reforms and restructuring in state-owned enterprises and privatization. On his part, Adnan Chilwan expressed his appreciation for Pakistan's economic policies and initiatives, and emphasized that Pakistan remains a strategically important market for Dubai Islamic Bank. Source: Radio Pakistan