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Sunday, February 23, 2025

Govt to Empower Private Sector for National Progress: Aurangzeb

Hong Kong (TDI): Finance Minister Senator Muhammad Aurangzeb said on Monday that the government of Pakistan was committed to ensuring stable policies to help the private sector lead the country to progress and prosperity.

He made these remarks while addressing the Asian Financial Forum 2025 in Hong Kong.

Read More: Aurangzeb Meets Servis Long March Leaders in Hong Kong

During a session titled “Innovation: The Solution to Unlock the Next Growth Engines,” the minister explained how innovation could shape the future of economies, especially in Asia.

private sector

He also emphasised the role of innovation in boosting economies and creating new opportunities.

Aurangzeb urged the adoption of new technologies and ideas to improve competitiveness and tackle global challenges. He pointed to Hong Kong as a leading financial centre and praised its use of artificial intelligence and blockchain technology.

Read More: Islamic Finance Key to Sustainable Growth: Aurangzeb

Senator Aurangzeb also said Pakistan is focused on building a culture of innovation and entrepreneurship. He emphasized the government’s support for businesses to grow and create solutions that benefit the people and the economy.

On the eve of the forum, the finance minister held a meeting with the leadership of Servis Long March in Hong Kong.

Service Long March’s Chinese Chairman Jin Yongsheng and CEO Omar Saeed attended the meeting.

Read More: Islamic Finance Key to Sustainable Growth: Aurangzeb

During the meeting, Aurangzeb stressed the need to establish a favourable policy framework that would allow Pakistani businesses to explore opportunities in international equity capital markets.

He appreciated Servis Long March’s decision to list on the Hong Kong Stock Exchange and said that the government of Pakistan was ready to extend its full support in this regard.

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