Asad reaffirms govt’s resolve to fully facilitate foreign investors


Islamabad, Nov 17 (TNS): Finance Minister Asad Umar has reaffirmed government’s resolve to fully facilitate foreign investors for investment in the country.

Talking to a delegation of Pakistan Britain Business Council and Pakistan Scotland Business Council in Islamabad, he noted foreign investment is important for economic development.

The finance minister said that proposals for bolstering investment will also be highly welcomed.

The delegation briefed the minister about the councils’ plans for investment and financing different projects in Pakistan including health and financial sector. It particularly shared with the minister the proposal regarding establishment of a network of hospitals across the country aimed at providing quality healthcare to the people.

The delegation also stated that Pakistani diaspora in Britain and other countries are keen to invest in the country.

Meanwhile, in an interview with a private television channel, the finance minister said there is visible increase in country’s economy over the last three months.

Asad Umar said the government is taking loan on minimum interest rate rather looking for financial aid.

He said that bailout package was unavoidable from the International Monetary Fund to help country’s economic challenges.