Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Monday hailed the government of Germany for its valuable technical and financial assistance to Pakistan and emphasized the significance of investment by German companies in diverse sectors of the economy.
\nAmbassador of the Federal Republic of Germany to Pakistan, Ina Lepel called on the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, at the Finance Division, said a release issued here.
\nWelcoming the ambassador, the finance minister extended his best wishes and assured continued engagement to further deepen bilateral cooperation.
\nThe minister assured the ambassador of full support and facilitation for foreign investors, including German firms, in expanding their footprint in Pakistan, while ensuring ease in repatriation of profits and dividends and addressing allied matters.
\nSenator Aurangzeb provided the ambassador an overview of Pakistan\u2019s economy, highlighting recent improvements in key indicators.
\nHe briefed her on the ongoing IMF review mission and Pakistan\u2019s progress on meeting quantitative and structural benchmarks under the program.
\nThe minister also apprised her of the devastation caused by recent floods and the broader challenges posed by climate change.
\nHe outlined the government\u2019s commitment to fostering an investment-friendly environment, noting that Prime Minister Shehbaz Sharif was clear and keen on letting the private sector lead the country\u2019s growth.
\nAmbassador Lepel recalled her previous diplomatic assignment in Pakistan from 2013 to 2015, sharing her fond memories of that period.
\nShe discussed avenues for further promoting bilateral trade and investment and expressed support for the government\u2019s efforts to achieve sustainable economic growth by encouraging private sector participation and foreign investment in a welcoming business climate.
\nBoth sides reaffirmed their commitment to strengthening Pakistan-Germany economic cooperation and to exploring new opportunities for trade, investment, and development partnership.<\/p>\n","protected":false},"excerpt":{"rendered":"
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Monday hailed the government of Germany for its valuable technical and financial assistance to Pakistan and emphasized the significance of investment by German companies in diverse sectors of the economy. Ambassador of the Federal Republic of Germany to Pakistan, Ina Lepel called on the Federal …<\/p>\n","protected":false},"author":4,"featured_media":62911,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-87479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/87479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=87479"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/87479\/revisions"}],"predecessor-version":[{"id":87497,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/87479\/revisions\/87497"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/62911"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=87479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=87479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=87479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}