Govt working hard to achieve up to 7pc growth rate for real turnaround of economy: Dar
Says World Rating Agencies have included Pakistan in the top ten emerging economies.
Finance Minister Ishaq Dar says fiscal, monetary and economic reforms have paved the way for economic turnaround of the country.
Addressing at the Foundation of Strategic Research in Paris, he said these reforms led to the improvement of all economic fiscal and monetary indicators which are recognized and appreciated by Credible intentional rating agencies.
The Minister said the World Rating Agencies have included Pakistan in the top ten emerging economies.
The Finance Minister said Pakistan's strategic location makes it an attractive destination for foreign investment. He said China Pakistan Economic Corridor has opened up vast opportunities of investment in different fields including energy and infrastructure.
He pointed out that Pakistan has attained four point seven percent growth rate which is better than the growth achieved in the last eight years. He said it is now working to achieve six to seven percent GDP growth.
Meanwhile, Finance Minister Ishaq Dar has said that Pakistan is providing all possible assistance to foreign investors than other countries of the region.
He was talking to representatives of French automobile manufacturing companies in Paris.
He said that demand of cars has rapidly increased after economic stability in Pakistan.
The companies' representatives expressed interest in car manufacturing in Pakistan.
The meeting was attended by Chairman Investment Board and Pakistan ambassador to France.