Deputy Prime Minister Ishaq Dar has emphasized that Pakistan’s economic revival agenda is yielding positive results. He highlighted the supposedly favourable environment for foreign investment in the country, particularly in key sectors such as mining, information technology, and renewable energy.
At the Pakistan-Saudi Arabia Business Forum in Islamabad, Dar expressed optimism about Pakistan's economic future, noting that the country is on track to become the 24th strongest economy in the world.
"Pakistan's economy is on a sustainable path of development," he stated, adding that ongoing reforms are playing a crucial role in stabilizing and enhancing the nation’s economic performance.
The deputy prime minister extended a formal invitation to Saudi investors, urging them to explore opportunities in Pakistan’s mining sector, as well as the rapidly growing IT industry, which has already attracted significant global interest. He also pointed out that renewable energy projects in Pakistan are open for Saudi investment, further expanding avenues for bilateral cooperation.
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During the forum, Dar said, both Pakistan and Saudi Arabia reiterated their commitment to increasing economic collaboration, underscoring the historical and strategic partnership between the two nations. "Pakistan remains committed to the sovereignty and territorial integrity of Saudi Arabia," he said, emphasizing the importance of strong ties between Muslim countries.
"Pakistan-Saudi Arabia strategic partnership has entered a new era," Dar stressed.
Dar noted that Pakistan’s economic progress has been acknowledged internationally, with a marked improvement in the country’s inflation rate and overall economic stability. "The government is actively implementing reforms to sustain this positive trajectory," he said.
