OICCI hosts Minister Ahsan Iqbal for economic policy dialogue

Business Jan, 24 2025
OICCI hosts Minister Ahsan Iqbal for economic policy dialogue
  • 456
  • 0

KARACHI: The Federal Minister for Planning, Development, and Special Initiatives, Mr. Ahsan Iqbal, visited the Overseas Investors Chamber of Commerce and Industry (OICCI) for an interactive session with foreign investors and business leaders.

The session focused on the government's initiatives aimed at economic stabilization and enabling a conducive business environment in Pakistan. During the session, Mr. Ahsan Iqbal provided an in-depth overview of the government's economic agenda, highlighting Uraan Pakistan - The 5Es National Economic Transformation Plan. He reaffirmed the government's commitment to reforms aimed at addressing investor challenges and fostering sustainable growth."The government is committed to ensuring economic stability and fostering a predictable policy environment for investors," said Mr. Ahsan Iqbal. "Through initiatives like Uraan Pakistan, we aim to unlock the country's potential and transform it into a hub for innovation and investment." He also highly appreciated the contribution of leading foreign investors, particularly OICCI members, who have played a pivotal role in Pakistan's economic development. Over the past decade, they have re-invested $23 billion while also leading the transfer of best practices to the country.Mr. Yousaf Hussain, President OICCI, commended the government's efforts to stabilize the economy and foster a business-friendly environment for foreign investors. "The focus on structural reforms and economic revival is a positive step forward. We remain optimistic and look forward to continued collaboration to further strengthen Pakistan's position as an investment destination," he stated.

M. Abdul Aleem, Secretary-General OICCI, acknowledged the progress made and stressed the importance of policy continuity to maintain investor confidence. "While the initiatives being undertaken by the government are commendable, it is crucial to ensure policy consistency. We urge the government to actively engage with key stakeholders like OICCI members so as to maximize the impact of these initiatives," he remarked. Foreign investors also shared their perspectives on navigating challenges in Pakistan and provided recommendations to enhance the ease of doing business. The dialogue reinforced the need for constructive engagement between the government and the private sector to build a sustainable economic future.

NC Big Stories

Customs Seize Smuggled Honda Civic from Karachi’s NMB Wharf

KARACHI: The Anti-Smuggling Organization (ASO) of Pakistan Customs has seized a smuggled and duty-unpaid Honda Civic car from the NMB Wharf area of Karachi following credible intelligence regarding its illegal importation. According to the official s...

Narrative Warfare and Media Diplomacy: Pakistan’s Response to Disinformation During the 2025 India-Pakistan Conflict

Regional tensions have always been a top headline in International and National media. From Russia- Ukraine issue to Pak-India conflict the world has been witnessing many great challenges and upheavals among nations. The traditional means of war has...

Abandoned Government School buildings turn into drug dens in Sher Shah Colony

KARACHI: On the directives of Sindh Ombudsman Muhammad Sohail Rajput, Aftab Ahmed Khatri, Regional Director of the Provincial Ombudsman Sindh (POS) for Keamari District/West Karachi, along with Salahuddin Siddiqui, conducted an inspection of the...

Awareness seminar held in Karachi on Right to Self-Determination Day for Kashmir

KARACHI: An awareness seminar was organized in Karachi on the occasion of Right to Self-Determination Day by the Youth Forum for Kashmir – Karachi Regional Office (YFK-KRO). Political, social, religious and media personalities attended the even...

More like this
Related

Jazz to launch iPhone 17 in Pakistan with exclusive benefits

Karachi: Jazz has partnered with Mercantile, the official Apple Authorized Distributor, to bring the highly anticipated iPhone 17 to Pakistan. This collaboration ensures customers receive the newest iPhone with full regulatory compliance, official wa...

PM Shehbaz urges IMF to factor in flood damage in review

NEW YORK : Prime Minister Shehbaz Sharif has called on the International Monetary Fund (IMF) to consider the devastating economic fallout of recent floods in Pakistan during its upcoming programme review. Speaking in New York on Wednesday, on the sid...

Govt eyes on sustained growth driven by domestic resources: Ahsan Iqbal

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal while highlighting development priorities of the government, has that Balochistan has been put on an accelerated development path for which Rs230 billion have b...

ADB projects Pakistan's GDP growth at 2.5%, inflation at 6%

ISLAMABAD: The Asian Development Bank (ADB) has projected Pakistan's GDP growth to remain steady at 2.5% in the fiscal year 2025 (FY2025), with a slight increase to 3% in FY2026. The growth is supported by the implementation of a reform program that...
Need Help? Chat with us