Pakistan To Leverage Diplomacy For Boosting Foreign Investment

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Pakistan To Leverage Diplomacy For Boosting Foreign Investment

Finance Minister Senator Muhammad Aurangzeb said Pakistan is shifting its economic and diplomatic focus toward attracting foreign investment rather than relying only on loans and aid. Speaking at the 9th edition of The Future Summit in Karachi, he emphasized that the government aims to use diplomacy as a key tool to build stronger trade and investment ties with global partners.

He said the government’s new approach is centered on fiscal discipline, structural reforms, and creating a favorable environment for foreign investment. The minister added that Pakistan must transition from aid dependency to sustainable, private sector–driven growth.

Drawing on his recent visits to Washington and Riyadh, Aurangzeb said the global economy has shown resilience, thanks to reforms and higher private sector participation. He pointed out that many countries have reduced government intervention and are focusing on productivity and technology-led innovation — a model Pakistan can learn from.

He noted that Pakistan’s macroeconomic stability has improved, with rating agencies upgrading the country’s outlook and the IMF’s second review concluding successfully. However, he clarified that stability “is not an end in itself” but a foundation for long-term growth supported by foreign investment and local enterprise.

Highlighting positive signs, Aurangzeb said corporate profitability in Pakistan has grown by 14% in 2025, while 73% of CEOs in the latest OICCI survey consider Pakistan a viable investment destination, up from 61% earlier. These trends, he said, show rising investor confidence and a shift toward sustainable economic progress.

He also mentioned that Pakistan is now well-positioned to convert diplomatic support into trade and investment flows. The government’s strategy includes strengthening key sectors such as minerals, IT, agriculture, pharmaceuticals, and the blue economy.

In other related news also read China Expresses Concern Over Pakistan-Afghanistan Tensions

Aurangzeb reaffirmed the government’s resolve to create a transparent, investor-friendly system that attracts foreign investment and supports long-term economic development.

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