Iran: Finance Minister Muhammad Aurangzeb says Pakistan has returned to the international capital market after a gap of four years with the private placement of Eurobond of five hundred million dollars. He was talking to the US-based Pakistani media in Washington D.C today.
According to Radio Pakistan, Muhammad Aurangzeb said it is the culmination of their journey towards this moment under the leadership of Prime Minister Muhammad Shehbaz Sharif. He stated that Pakistan is on its way towards economic stability, which is evident through the confidence of local and foreign investors in various projects. He specifically mentioned the privatization process of PIA, in which leading business firms participated actively.
The Finance Minister mentioned that the government has provided facilities to the investors. Discussing other economic achievements, Muhammad Aurangzeb noted that Pakistan's credit rating at 'B Minus' has been affirmed by rating agencies, reflecting confidence in the country's structural reforms and policy benchmarks.
He highlighted recent meetings with American think tanks and the Pakistani diaspora as highly productive in terms of investment prospects, adding that the Pakistani community remains eager to support the country and its leadership.
Commenting on the regional situation, the Finance Minister stated that the role of Pakistan's leadership in the current conflict has earned international recognition and respect, terming it a proud moment for the nation. He added that the country's military and civilian leadership, including Prime Minister Shehbaz Sharif, Deputy Prime Minister Ishaq Dar, and Field Marshal Syed Asim Munir, are determined to take the matter to its logical conclusion.