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Despite many geo-political problems Pakistan’s economy is on the right track: Dr Shahid Amjad Chaudhry

Islamabad, April 25, 2013 (PPI-OT): Despite many geo-political problems Pakistan’s economy is on the right track. All the problems being faced by Pakistan’s economy will be overcome soon, said Dr. Shahid Amjad Chaudhry, Adviser to Prime Minister on Finance.

Pakistan has the most liberal trade regime in the world. Investment opportunities available to foreign investors in Pakistan are almost unmatched in the world, Dr. Shahid Amjad Chaudhry further said. The Adviser to Prime Minister on Finance gave these remarks while meeting with Swiss Joint Economic Delegation which called on him in his office.

The Swiss delegation was headed by Mr. Thomas Gretter, Co-Chairman Pakistan committee SACC while H.E Ambassador Eric Martin, and Mr. Nicolas Plattner, Charged, affairs Embassy of Switzerland in Islamabad were also the part of the delegation.

Dr. Shahid Amjad Chaudhry informed the visiting delegation that agriculture and services sectors collectively constitute 65% of Pakistan’s economy and invited the visiting delegation to invest in these sectors in Pakistan. He further informed that pharmaceutical sector in Pakistan can also be a major attraction for investors from Switzerland.

The Adviser further informed that Pakistan has the best performing stock exchange in the world alongwith most efficient banking sector in South Asia. As symptom of improvement in Pakistan’s economy. The Adviser added that inflation rate in Pakistan has been brought down to 7% in contrast to double digit figure a few years back, which is lowest in the region. The talks of Pakistan to with IMF in Washington have been very productive and successful.

Mr. Thomas Gretter said that Switzerland wants to further consolidate its economic ties with Pakistan. Many Swiss companies are successfully operating in Pakistan and Nestle is one such example. A Switzerland wants to capitalize on conducive investment and business opportunities available in Pakistan. Mr. Thomas Gretter further said. Mr. Thomas Gretter thanked the Adviser to Prime Minister on Finance, Dr. Shahid Amjad Chaudhry for extending hospitality and support.

For more information, contact:
Haji Ahmed Malik
Principal Information Officer
Press Information Department (PID)
Tel: +9251 925 2323 and +9251 925 2324
Fax: +9251 925 2325 and +9251 925 2326
Email: piopid@gmail.com

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