ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin on Friday told representatives of the US-Pakistan Business Council (USPBC) that Pakistan was committed to facilitating American enterprises and businesses in Pakistan to boost foreign investments.

SAPM on Finance and Revenue Dr Waqar Masood, Adviser to the PM on Commerce Abdul Razak Dawood, SAPM on Institutional Reforms and Austerity Dr Ishrat Hussain, Pakistan Ambassador to the US Dr Asad Majeed Khan and other senior officers participated in the meeting.

In his remarks, the finance minister underlined that the government intends to further strengthen trade, investment and people-to-people ties with the US. He stated that the government is firmly committed to providing enabling environment to promote foreign investment in the country.

While speaking on occasion, the FM underscored that Pakistan had witnessed V-shape recovery amid the COVID-19 pandemic due to policies of the government. The government is focused on pursuing an all-inclusive, sustained, and robust economic growth over time, he added. 

“The ultimate goal is to take growth to around 6-7% through short, medium and long-term planning in a structured manner,” he stressed.

The minister further stated that Pakistan is looking forward to deepening further trade and investment linkages between the Pakistan and US. Coupled with s 220 million consumer market, growing middle class and a young, vibrant population, Pakistan offers immense investment and business opportunities to US enterprises, he added.

In his concluding remarks, Tarin thanked the participants for showing their interest and welcomed suggestions and feedback on the occasion.

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