ISLAMABAD: Ambassador of Kingdom of Saudi Arabia, Nawaf Bin Said Al-Malki and Ambassador of the Netherlands to Pakistan, Henny Fokel de Vries called on Federal Minister for Finance and Revenue Ishaq Dar discussed various issues of mutual interest on Wednesday.
Finance Minister Dar extended warm welcome to Saudi Ambassador Nawaf Bin Said Al-Malki and highlighted the historical, religious, cultural and long-standing bilateral ties between Pakistan and Saudi Arabia. He shared that both states enjoy exceptional relationship on various front including economy and trade.
H.E. Mr. Nawaf Bin Said Al-Malki, Ambassador of Kingdom of Saudi Arabia called on Federal Finance Minister Senator Mohammad Ishaq Dar at Finance Division and exchanged views on enhancing mutual bilateral relations between the two brotherly countries. pic.twitter.com/NBqyNGYXNr
— Ministry of Finance (@FinMinistryPak) December 7, 2022
The finance minister apprised the ambassador about the ongoing post-flood reconstruction and rehabilitation program.
Ishaq Dar thanked the ambassador on extending the term of US$3 billion deposit in SBP by Saudi Fund for Development (SFD). He also thanked SFD for their valuable investments in different sectors of Pakistan’s economy.
Nawaf Bin Said Al-Malki acknowledged the long-term relationship and shared that Kingdom of Saudi Arabia aims at further deepening the economic and commercial ties with Pakistan.
Later, the finance minister expressed gratitude towards the Kingdom of Saudi Arabia (KSA) for continuous support and cooperation with Pakistan.
Netherlands ambassador calls on Dar
In the meanwhile, Ambassador of the Netherlands to Pakistan, Henny Fokel de Vries Wednesday called on Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar.
SAPM on Finance Tariq Bajwa and other senior officers from Finance Division participated in the meeting.
H.E. Ms. Henny Fokel de Vries, Ambassador of the Netherlands to called on Federal Finance Minister Senator Mohammad Ishaq Dar,today and discussed
enhancing bilateral ties between the two countries on various economic fronts. pic.twitter.com/KpjXXVyHeL— Ministry of Finance (@FinMinistryPak) December 7, 2022
The Finance Minister welcomed Henny Fokel de Vries and highlighted the bilateral, economic and historical relations between Pakistan and the Kingdom of the Netherlands.
Ishaq Dar shared that both countries always enjoyed outstanding bilateral relations based on mutual respect, trust, and common interests.
The Finance Minister apprised the Ambassador the ongoing post-flood reconstruction and rehabilitation projects being undertaken by the present government. It was also shared that the present government is highly concerned about the uplift of the masses and especially through financial inclusion.
Henny Fokel de Vries reciprocated the same sentiments on bilateral relations between the Kingdom of Netherlands and Pakistan. The Ambassador shared sympathetic sentiments on the huge level of economic losses faced by Pakistan due to floods and monsoon rains.
She further shared that the government of the Netherlands aims at enhancing the bilateral ties with Pakistan on various economic fronts as Pakistan being 5th largest country by population offers a great destination for investment.
The Finance Minister commended the investment proposals of the Netherlands and shared that provision of a business-friendly environment is the priority of the present government.
The Finance Minister further highlighted about multiple lucrative economic avenues present in Pakistan in which both countries can further deepen their economic relations.
Later, Mr Dar and Henny Fokel de Vries exchanged thankful remarks to each other.
Dar, Governor’s SBP discuss overall economic situation
Earlier, Finance Minster Senator Mohammad Ishaq Dar and Governor’s State Bank of Pakistan (SBP), Jameel Ahmad Wednesday discussed overall economic situation of the country. They discussed this while in a virtual meeting. Various fiscal and monetary measures were discussed for maintaining the economic growth and stability in the country, said a press release issued here.
Special Assistant to Prime Minister (SAPM) on Finance Tariq Bajwa, Special Secretary Finance and other senior officers of Finance Division attended the meeting.
The SBP Governor thanked the Finance Minister for continuous support by the present government for the policy initiatives taken by the state bank .
