Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met with Mr. Rizwan Saeed Sheikh, Ambassador of Pakistan to the United States of America, who called on the Minister at Finance Division today.
The meeting focused on strengthening the Pakistan-US bilateral relationship, particularly in the areas of trade, investment, and economic cooperation.
During the meeting, the importance of the Pakistan-US partnership, and the acknowledgment of the US as Pakistan’s largest trading partner and export destination was reiterated and it was decided to further enhance economic diplomacy and explore new opportunities for joint business ventures and economic collaborations between the two countries.
Given the positive macroeconomic developments in Pakistan, including improvements in key economic indicators and enhanced macroeconomic stability, both the Minister and the Ambassador agreed to capitalize on these openings by actively promoting investment opportunities in Pakistan, with a focus on engaging the Pakistani diaspora.
The meeting also decided to ensure regular updates on macroeconomic data with stakeholders and the diaspora in the US to encourage investment in Pakistan’s growing economy. Federal Minister for Finance and Revenue chairs 3rd meeting of REMIT Steering Committee
Meanwhile, Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb chaired the 3rd meeting of Revenue Mobilisation, Investment and Trade Programme (REMIT) Steering Committee here today to review the status and progress on the implementation of decisions taken by the Committee in its earlier meetings with regard to revenue mobilization, investment climate, trade and macro-economy.
British High Commissioner to Pakistan, Ms Jane Marriott and senior leadership from key government ministries, including Ministry of Planning, Ministry of Finance, Ministry of Commerce, Ministry of Industries and Production, Board of Investment, FBR and REMIT’s implementing partners – World Bank, GCSI and ASI were also present.
The committee discussed the progress made by stakeholders across various sectors, focusing on strengthening macroeconomic stability and creating conditions conducive to high and sustained inclusive growth. Areas reviewed included revenue mobilization, trade, investment climate, and macroeconomic governance, with a particular emphasis on addressing climate change challenges.
Senator Muhammad Aurangzeb commended the overall progress of the Programme and called for a more proactive and coordinated approach among implementing partners. He urged the effective use of management and monitoring tools to ensure the successful completion of the Programme’s objectives. The Minister also emphasized his personal commitment to overseeing the progress of activities and deliverables, ensuring that the Programme stays on track.
