{"id":13061,"date":"2024-05-21T03:53:11","date_gmt":"2024-05-21T03:53:11","guid":{"rendered":"https:\/\/theasiantelegraph.global\/?p=13061"},"modified":"2024-05-21T03:53:11","modified_gmt":"2024-05-21T03:53:11","slug":"ambassador-of-italy-to-pakistan-meets-the-minister-for-finance","status":"publish","type":"post","link":"https:\/\/theasiantelegraph.global\/?p=13061","title":{"rendered":"Ambassador of Italy to Pakistan meets the Minister for Finance"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"826\" src=\"https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/05\/IMG-20240520-WA0071-1024x826.jpg\" alt=\"\" class=\"wp-image-13062\" srcset=\"https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/05\/IMG-20240520-WA0071-1024x826.jpg 1024w, https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/05\/IMG-20240520-WA0071-300x242.jpg 300w, https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/05\/IMG-20240520-WA0071-768x619.jpg 768w, https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/05\/IMG-20240520-WA0071-1536x1238.jpg 1536w, https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/05\/IMG-20240520-WA0071.jpg 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Italian investors invited to explore Pakistan&#8217;s potential in IT sector<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Islamabad : Ambassador of Italy to Pakistan H.E Ms. Marilina Armellin called on Minister for Finance &amp; Revenue Senator Muhammad Aurangzeb at Finance Division, to discuss the cooperation and longstanding relations between Pakistan and Italy.<\/p>\n\n\n\n<p>The Finance Minister welcomed the Italian Ambassador and highlighted the significant improvements in Pakistan&#8217;s economic landscape. He discussed the government&#8217;s achievements, in decreasing current account deficit, globalization of currency, the stock market reaching an all-time high and the successful completion of the nine-month Stand-By Arrangement (SBA) with the International Monetary Fund (IMF). He further mentioned that the ministry is currently in engagement with the IMF mission for a new program on longer term basis.<\/p>\n\n\n\n<p>Minister Muhammad Aurangzeb also outlined the government&#8217;s strategic initiatives aimed at broadening the tax base by targeting previously untaxed and under-taxed segments. Additionally, he reiterated the government&#8217;s commitment to privatize various State-Owned Enterprises (SOEs), starting with Pakistan International Airlines (PIA) also followed by major airports. He noted that the Government\u2019s policy reflects a shift from aid to investment in Pakistan&#8217;s economic strategy. The Minister also shed light on Pakistan\u2019s potential in IT and agriculture sectors, inviting Italian investors to explore these investment areas.<\/p>\n\n\n\n<p>Ambassador Armellin acknowledged the promising economic indicators and appreciated the upward trend in Pakistan&#8217;s economy. She emphasized the potential for enhanced cooperation between Italy and Pakistan, particularly in the textile, machinery, agriculture, and dairy sectors.<\/p>\n\n\n\n<p>The Finance Minister thanked the Italian government for their continued support and reiterated Pakistan&#8217;s commitment to longstanding cooperation with Italy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Italian investors invited to explore Pakistan&#8217;s potential in IT sector Islamabad : Ambassador of Italy to Pakistan H.E Ms. Marilina Armellin called on Minister for Finance &amp; Revenue Senator Muhammad&hellip; <\/p>\n","protected":false},"author":8,"featured_media":13062,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,13],"tags":[505,183,103],"class_list":["post-13061","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-main-stories","tag-ambassador-of-italy-pakistan","tag-embassy-of-italy-pakistan","tag-federal-minister-for-finance"],"_links":{"self":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/13061","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13061"}],"version-history":[{"count":1,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/13061\/revisions"}],"predecessor-version":[{"id":13063,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/13061\/revisions\/13063"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/media\/13062"}],"wp:attachment":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}