{"id":18440,"date":"2024-09-11T10:10:47","date_gmt":"2024-09-11T10:10:47","guid":{"rendered":"https:\/\/theasiantelegraph.global\/?p=18440"},"modified":"2024-09-11T10:10:47","modified_gmt":"2024-09-11T10:10:47","slug":"ksa-consistent-economic-support-to-pakistan-applicateable-fm-finance","status":"publish","type":"post","link":"https:\/\/theasiantelegraph.global\/?p=18440","title":{"rendered":"KSA consistent economic support to Pakistan applicateable, FM Finance"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"895\" src=\"https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/09\/IMG-20240911-WA0063-1024x895.jpg\" alt=\"\" class=\"wp-image-18441\" srcset=\"https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/09\/IMG-20240911-WA0063-1024x895.jpg 1024w, https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/09\/IMG-20240911-WA0063-300x262.jpg 300w, https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/09\/IMG-20240911-WA0063-768x671.jpg 768w, https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/09\/IMG-20240911-WA0063-1536x1342.jpg 1536w, https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/09\/IMG-20240911-WA0063-2048x1789.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Finance Minister Commends Sustained Economic Support from the Kingdom of Saudi Arabia<\/p>\n\n\n\n<p>Islamabad:&nbsp; Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, reaffirmed Pakistan\u2019s commitment to a homegrown economic agenda centered on comprehensive institutional reforms across key sectors of the economy.<\/p>\n\n\n\n<p>The Minister made these remarks during a meeting with His Excellency Nawaf Bin Said Al-Malki, Ambassador of the Kingdom of Saudi Arabia, who called on him&nbsp; at the Finance Division. He emphasized that structural reforms are pivotal for ensuring sustainable economic growth and stability, forming a cornerstone of the government&#8217;s policy agenda.<\/p>\n\n\n\n<p>Senator Aurangzeb expressed deep appreciation for the Kingdom of Saudi Arabia&#8217;s consistent economic support to Pakistan, while highlighting the renewed interest shown by Saudi investors in pursuing joint ventures and business collaborations with Pakistan&#8217;s private sector.<\/p>\n\n\n\n<p>The Minister also recalled his productive meetings with His Excellency Mohammad Al-Jadaan, Finance Minister of Saudi Arabia, and Sultan Abdulrahman Al-Marshad, CEO of the Saudi Fund for Development (SFD), during his visit to Washington in April this year. He further noted the significant outcomes of the high-level business delegation&#8217;s visit from Saudi Arabia to Pakistan in May, aimed at exploring investment opportunities, expanding bilateral cooperation, and scaling up partnerships across diverse sectors.<\/p>\n\n\n\n<p>During the discussion, Senator Aurangzeb outlined Pakistan\u2019s positive economic trajectory, citing key indicators such as currency stabilization, reduced inflation, a surge in remittances, prudent management of the current account deficit, and foreign exchange reserves sufficient to cover two months of imports.<\/p>\n\n\n\n<p>His Excellency Nawaf Bin Said Al-Malki commended the Government of Pakistan&#8217;s efforts in implementing structural and institutional reforms and reiterated the Kingdom\u2019s unwavering commitment to contributing to Pakistan\u2019s economic growth.<\/p>\n\n\n\n<p>The Ambassador also acknowledged the immense potential for investment and business opportunities between the two countries. He indicated that a Saudi business delegation is expected to visit Pakistan in the coming months to further explore areas for joint ventures and collaborative investments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finance Minister Commends Sustained Economic Support from the Kingdom of Saudi Arabia Islamabad:&nbsp; Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, reaffirmed Pakistan\u2019s commitment to a homegrown economic agenda&hellip; <\/p>\n","protected":false},"author":8,"featured_media":18441,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,13],"tags":[85,103,242],"class_list":["post-18440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-main-stories","tag-embassy-of-saudi-arabia-pakistan","tag-federal-minister-for-finance","tag-muhammad-bin-salman-mbs-ksa"],"_links":{"self":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/18440","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=18440"}],"version-history":[{"count":1,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/18440\/revisions"}],"predecessor-version":[{"id":18442,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/18440\/revisions\/18442"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/media\/18441"}],"wp:attachment":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}