Federal Minister for Finance, Senator Muhammad Aurangzeb, held a virtual meeting with Juland Jaifer Salim Al-Said, Chairman of the Pak Oman Investment Company Limited (POIC), to discuss strategies for boosting investment and trade flows between Pakistan and Oman. The meeting was part of ongoing efforts to strengthen economic ties between the two brotherly nations.
Also present at the meeting were Nauman Ansari, Managing Director of POIC, and senior officials from both the Finance Division and POIC. The discussions revolved around enhancing business collaborations, exploring new opportunities for investment, and deepening economic partnerships in key sectors.
The Finance Minister highlighted the recent economic reforms undertaken by Pakistan, which have focused on stabilizing the economy and promoting private sector-led growth. Aurangzeb emphasized the government’s commitment to ensuring policy continuity and creating a secure and business-friendly environment to attract foreign investment.
He pointed out significant improvements in Pakistan’s macroeconomic indicators, citing structural reforms in sectors such as energy, taxation, and privatization. He also mentioned efforts to streamline government operations, allowing the private sector to take the lead in driving economic growth, with the government acting as a facilitator.
Al-Said lauded the Pakistani government’s initiatives to stabilize the economy and expressed his strong belief in Pakistan’s potential as a hub for investment. He reiterated that Oman views Pakistan as a key partner in the region and expressed hope that ongoing reforms would unlock more business collaborations and opportunities for mutual benefit.
The meeting concluded with both parties reaffirming their commitment to expanding trade and investment ties between the two countries.