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Finance Minister calls for optimizing PakOman investment, trade flows

Finance Minister Muhammad Aurangzeb on Thursday said the government is determined to push ahead with its reform agenda to facilitate the private sector, promote businesses and provide a secure and friendly investment climate.

He was speaking at a virtual meeting with Chairman Pak Oman Investment Company Limited Juland Jaifer Salim AlSaid to discuss ways for expanding business collaborations and enhancing investment and trade flows between the two brotherly countries.

The Finance Minister highlighted the significant strides achieved in recent months to stabilize the economy and put it on a sustainable path of growth.

He also mentioned the improvements registered in several macro and micro economic indicators of the economy as well as a host of structural reforms undertaken in various sectors of the economy, including energy, taxation, privatization, and downsizing of government to let the private sector lead the growth with the government playing the role of a facilitator, in the process.

The Chairman of the Pak Oman Investment Company Limited lauded the initiatives taken by the Government in Pakistan for stabilizing the economy.

He expressed his deeplyingrained love for Pakistan, and that the Government of Oman and its businessmen also view Pakistan as a brotherly country and a potential place for business and investment.

He expressed hope that due to opening up of more investment opportunities in Pakistan in the wake of ongoing economic reforms, there would be more business collaborations.

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