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Baner Club > Blog > Business > Chinese FinMin reiterates its ongoing commitment to bolstering Pakistan’s financial stability.
BusinessPakistan

Chinese FinMin reiterates its ongoing commitment to bolstering Pakistan’s financial stability.

Deputy PM Ishaq Dar underscores Islamabad's reform agenda focusing on governance and revenue to attract FDI

Last updated: 2024/05/16 at 2:23 PM
Published May 16, 2024
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During their meeting with Deputy Prime Minister Ishaq Dar on Thursday, Chinese Finance Minister Lan Fo’an reiterated China’s ongoing support for Pakistan’s efforts to achieve financial stability.

Appreciating bilateral financial and banking cooperation as the manifestation of the “All Weather Strategic Cooperative Partnership”, the Chinese minister took note of the favorable trajectory of Pakistan’s economy.

The Foreign Office (FO) reports that at the high-level discussion, the two sides exchanged ideas about how to improve financial cooperation going forward, particularly in light of the expanding business-to-business (B2B) connections between the two nations.

In the meanwhile, Deputy PM Dar emphasized the government’s prioritization of Chinese investments across a range of sectors, while also highlighting Islamabad’s reform plan, which focuses on revenue, governance, and ease of doing business to attract Foreign Direct Investment (FDI).

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BanerClub May 16, 2024 May 16, 2024
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