Pakistan seeks UK investment across key sectors

WEB DESK: Prime Minister (PM) Shehbaz Sharif has underscored the nation’s eagerness to entice investments from the United Kingdom and other global partners, highlighting Pakistan’s expansive potential across various sectors such as agriculture, food security, information technology, tourism, and mining.

During a meeting at the Prime Minister’s House, PM Shehbaz engaged with British High Commissioner Jane Marriott, discussing avenues to bolster bilateral ties and foster economic collaboration.

Notable attendees included Deputy Prime Minister Ishaq Dar and Professor Adnan Khan, Chief Economist and Director of the Economic and Evaluation Directorate at the Foreign Commonwealth and Development Office in London.

PM Shehbaz reaffirmed the enduring bond between Pakistan and the United Kingdom, emphasising its continual growth and significance.

He further accentuated the government’s steadfast dedication to enhancing governance structures and implementing institutional reforms aimed at fostering sustainable development.

In addressing the nation’s economic challenges, PM Shehbaz highlighted multifaceted measures being undertaken at both micro and macroeconomic levels to revitalise Pakistan’s economy.

Particularly, he noted the nearing completion of the digitization process within the Federal Board of Revenue (FBR), a critical step towards modernising tax administration and enhancing fiscal efficiency.

The British delegation commended Pakistan’s proactive steps, including the declaration of an education emergency, and pledged their support for Pakistan’s recovery endeavours, reflecting a shared commitment to advancing socio-economic prosperity.

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