RecommendedMust Read
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh said that Pakistan appreciates the support extended by the US in the Financial Action Task Force (FATF), fight against Covid-19 and debt relief from G20 countries.
Shaikh expressed the views during a virtual discussion with members of the US-Pakistan Business Council.
“We value our relationship with the US, particularly business collaborations, which have a great potential for growth given the opportunities for business and investment available in Pakistan”, he said.
Terming the business environment in Pakistan friendly, Shaikh said that the friendly business environment was facilitated by a greater ease of doing business, improved regulations and huge market potential, was ideal for US businessmen for making investment and forming joint ventures.
The adviser said the government had recently announced Rs1.2-trillion stimulus package to shore up the economy and boost businesses.
He also pointed out that the upcoming budget was being designed in a way to provide maximum relief and incentives for businesses and promote trade by reducing tariffs on a large number of raw materials.
During the meeting, the US-Pakistan Business Council President Esperanza Jelalian and the Chairman Steven Kobos said that the US government and businessmen behold Pakistan as an important trade partner.
