Finance Minister Muhammad Aurangzeb on Friday invited Saudi investors to explore diverse opportunities in Pakistan’s economy, assuring them of government support and a stable business environment. Addressing Saudi investors virtually, Aurangzeb emphasized that Pakistan’s economic indicators are improving due to consistent reforms and fiscal discipline.
He highlighted that all three major global credit rating agencies have upgraded Pakistan’s outlook, reflecting renewed investor confidence. The minister lauded Saudi Arabia’s Vision 2030 as a global model and reiterated Pakistan’s commitment to export-led growth and stronger economic collaboration with Riyadh.
Aurangzeb also confirmed the federal cabinet’s approval of a historic defence agreement with Saudi Arabia, marking a new chapter in bilateral relations. He acknowledged the challenges of rehabilitating flood-hit communities and reaffirmed the government’s focus on energy and tax reforms.
Before departing for Washington to attend the IMF’s annual meetings, the minister stated that Pakistan’s reform agenda and economic progress would be key discussion points with international financial institutions.
