ISLAMABAD (Web Desk) – Finance Minister Ishaq Dar said on Tuesday the country’s economy has been put on the right track due to the far-reaching structural reforms, stabilization measures and initiatives taken by the government over the past 21 months.
In his key-note address to the Third Pakistan-US Business Opportunities Conference here, Dar said Pakistan has by now successfully completed six reviews under the 6.64 billion dollar Extended Fund Facility of International Monetary Fund enabling it to access international capital markets as well as funding from multilateral donors.
The minister said the country has successfully re-entered international capital markets after a gap of seven years by issuing Euro Bonds worth $2 billion. “Pakistan will welcome US investors and is prepared to facilitate their investments in the country.”
The US commerce secretary said the friendship between Pakistan and the United States was strong. She said American businesses have a critical role to play as the US Administration seeks to deepen economic partnerships around the world and with Pakistan.