Prime Minister Raja Pervez Ashraf on Tuesday said that investment in the energy sector was crucial and termed the Thar Coal project important to meet energy shortage. He was talking to Governor State Bank of Pakistan Yaseen Anwar, who called on him at the Prime Minister House here. The State Bank Governor briefed the Prime Minister on the state of economy in the country and the measures taken by the State Bank to bring in financial stability on sustainable basis. He said that currency swap with China and Turkey would boost bilateral trade. He mentioned that opening of two bank branches of Chinese bank ICBC in Islamabad and Karachi would greatly encourage the Chinese investors. The State Bank Governor said the Bank of China was planning to open a branch in Pakistan. Likewise, Bankazi, the Turkey’s largest private bank, was also planning to open its branches here. The Prime Minister expressed satisfaction over the country’s financial stability despite crisis in Europe and around the world.
