Washington D.C: Apr 24 (DNA):Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with H.E. Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, United Arab Emirates.
The Minister briefed his UAE counterpart on Pakistan’s economic indicators, the recent sovereign rating upgrade by Fitch, and the privatization agenda of the government.
He informed that a Staff-Level Agreement (SLA) had been reached on the first review under Pakistan’s Extended Fund Facility (EFF) and a new arrangement under the Resilience and Sustainability Facility (RSF).
He appreciated the investment appetite of UAE investors at both G2G and B2B levels and emphasized the importance of translating MoUs into concrete agreements. He also expressed interest in learning from the UAE’s experience in regulating cryptocurrency. The Minister extended an invitation to H.E. Mohamed Bin Hadi Al Hussaini to visit Pakistan.
:Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with H.E. Mohamed Bin Hadi){kind=link}