ISLAMABAD, Feb 15 (APP):Member of the National Assembly (MNA), Dr Mirza Ikhtiar Baig, has said that Pakistan’s economic situation was steadily improving and also creating a conducive environment for both local and foreign investment.
Talking to APP, Dr Baig emphasized that the government’s prudent economic policies and measures had strengthened financial stability and restored investor confidence. He noted that consistent reforms and policy continuity were helping to steer the country toward sustainable economic growth.
He highlighted that there were several promising sectors for investment, such as mining and minerals, energy, textiles, and information technology. He said that the present government had established incubators and introduced investor-friendly policies to support business expansion and encourage entrepreneurship across the country.
He further underscored that Pakistan’s economic growth was being supported by improving diplomatic relations, structural economic reforms, and enhanced investment opportunities, adding that strengthening ties with various countries was opening new avenues for trade and foreign direct investment.
Referring to the significance of the GSP Plus status granted by the European Union, Dr Baig termed it crucial for Pakistan’s exports and economic stability. He said that the government was effectively working to retain the GSP Plus agreement, adding that its continuation would bring substantial economic benefits to the country.
On the occasion, Federal Minister for Interior Mohsin Naqvi also reaffirmed that the government’s focused efforts toward economic stabilization had helped to restore the confidence of investors and strengthen Pakistan’s economic stability.