Finance Minister Senator Ishaq Dar has said that the government has adopted fast track policy for the implementation of the projects started with the Chinese Cooperation.
He was talking to Mr Sun Weidong, Chinese Ambassador to Pakistan, who called on him at the Finance Ministry on Saturday.
As the country is experiencing a gap between power supply and demand, the finance minister underlined the importance of on going energy projects which could help tackle the energy shortages. He said these efforts were not only creating attractive opportunities of Chinese investment but new avenues of employment and trade were also opening for the people of Pakistan.
The finance minister informed the ambassador about the latest economic indicators and performance of economy during the last one year. He highlighted the measures proposed in the next budget which provided special incentives for foreign direct investment in Pakistan. He said the new incentives will attract foreign investors to Pakistan which had huge potential for growth. The minister appreciated the Chinese contribution for the economic development of Pakistan.
While congratulating the finance minister on the economic achievements the country made in the last one year, the ambassador said that “we have been impressed by his budget speech and presentation”. He underlined the importance of Pakistan-China economic cooperation and said the aim of both the governments was to work for pushing ahead their long-standing friendship. He added that they would help further boost the existing strong and strategic partnership between the two countries.
The ambassador also discussed avenues for enhancing bilateral cooperation in various fields between the two countries. He appreciated Pakistan’s plans for the development projects initiated by the present government and added, “stronger Pakistan is our strength”.
The meeting was also attended by Ansar Pervez Chairman PAEC, Salman Butt, Attorney General of Pakistan, Dr Waqar Masood, Finance Secretary, Rana Assad Amin, Advisor to the Finance Ministry and senior officials of the finance ministry.
