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Articles for tag: FinMin, Investment, Latest, seeks, WEF

January 22, 2025

News Desk

FinMin seeks investment at WEF

Listen to the article Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb called upon global stakeholders to invest in Pakistan’s priority sectors such as agriculture, IT, renewable energy and pharmaceuticals. In an exclusive article published during the annual meeting of the World Economic Forum (WEF), Aurangzeb outlined Pakistan’s transformative economic journey. He highlighted stabilization and development efforts, which have begun to yield positive results. Aurangzeb recalled the severe fiscal and monetary challenges when he took office in 2024, when inflation had soared to 38%, foreign exchange reserves barely covered two weeks of imports and GDP growth had fallen

April 28, 2024

News Desk

PM Shehbaz and IMF chief discuss new bailout package on sidelines of WEF

Prime Minister Shahbaz Sharif (right) meets International Monetary Fund (IMF) Managing Director Kristalina Georgieva in Riyadh on April 28, 2024. — Prime Minister’s Office Prime Minister Shehbaz Sharif on Sunday discussed the new bailout package with International Monetary Fund (IMF) Managing Director Kristalina Georgieva on the sidelines of the Special Meeting of the World Economic Forum in Riyadh. In his first meeting with the head of the IMF since his re-election, Prime Minister Shehbaz reiterated his government’s commitment to get Pakistan’s economy back on track, according to a statement issued by the Prime Minister’s Office. Pakistan is seeking a new

April 28, 2024

News Desk

Prime Minister arrives in Riyadh for special WEF meeting

Islamabad: Prime Minister Shehbaz Sharif on Saturday arrived in Riyadh, Kingdom of Saudi Arabia, to participate in a special meeting of the World Economic Forum (WEF) on “Global Cooperation, Development and Energy for Development”, which will be held from 28 to April 29. Saudi Arabia’s Deputy Foreign Minister Waleed Al Khareeji, Pakistan’s Ambassador to KSA and embassy staff received the prime minister and his delegation at Riyadh Royal Airport. The delegation also includes Foreign Minister Ishaq Dar and Finance Minister Muhammad Aurangzeb. The Prime Minister was invited to attend the WEF meeting by Crown Prince and Prime Minister of the

April 27, 2024

News Desk

The Prime Minister will leave for Saudi Arabia today for a special WEF meeting

Islamabad: Prime Minister Shehbaz Sharif will leave today for a two-day visit to Saudi Arabia to attend a World Economic Forum (WEF) meeting on global cooperation, development and energy, the Ministry of Foreign Affairs announced. High Commissioner Muhammad bin Salman bin Abdulaziz Al-Saud, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia, and Professor Klaus Schwab, the founder and executive chairman of the World Economic Forum extended the invitation to Shehbaz. The prime minister will be accompanied by a high-level delegation including Foreign Minister Mohammad Ishaq Dar and Finance Minister Muhammad Aurangzeb. Diplomatic talks will focus around trade

January 18, 2024

News Desk

India could ease restrictions on investment in China if the border remains calm

DAVOS: India could ease strict controls on Chinese investment if the two countries’ borders remain peaceful, a senior Indian official said in the first signal that the four-year-old restrictions could be lifted. Border tensions, the biggest irritant in relations between the nuclear-armed Asian giants, have eased, which could lead to improved investment ties, top industrial policy bureaucrat Rajesh Kumar Singh said. Reuters on Wednesday at the annual World Economic Forum in Davos, Switzerland. In 2020, India strengthened its scrutiny of investments by companies based in countries it borders, adding a layer of security checks and clearances. The move was widely

May 30, 2022

The Pakistan Daily

Pakistan moves six places up on Int’l Travel, Tourism Index

Pakistan has made a big jump on International Travel and Tourism Development Index by moving up six places as per the latest report released by World Economic Forum. The 2021 edition of the Travel and Tourism Development Index includes 117 countries. The index ranks the countries based on the set of factors and policies that enable the sustainable and resilient development of the travel and tourism industry of each country. Managing Director of Pakistan Tourism Development Corporation, Aftab ur Rehman Rana, said Pakistan has been ranked 83rd, which is up from 89th place in the index’s previous edition of 2019.

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