USPBC hails Pakistan's efforts for managing COVID-19
The United States, Pakistan Business Council (USPBC) on Friday hailed the efforts made by government of Pakistan for managing COVID-19 pandemic in the country.
A virtual meeting to launch the inaugural session of USPBC engagements with leading policy makers of Pakistan was held with the Advisor to Prime Minister for Commerce and Investment, Abdul Razak Dawood , said a press release issued by Ministry of Commerce here.
The main theme of the virtual meeting was "Explore Pakistan - Preparing for a PostCOVID-19 Economy".
The Chairman of USPBC Steven Kobos, Vice Chairman USPBC Aamir Sheikh, and President of USPBC Ms. Esperanza Jelalian appreciated the efforts made by Government of Pakistan in managing the COVID-19 pandemic in the country.
Abdul Razak Dawood, in his address to the USPakistan Business Council, talked about various issues pertaining to trade and investment and gave an overview of various initiatives undertaken by the Government.
The Advisor emphasized that Pakistan's economy is making a turnaround since the last couple of years and the rigorous structural and policy reforms introduced by the government have led to an improved investment ecosystem.
He also highlighted the improvement witnessed on the fiscal front whereby the current account deficit of the country has shown significant reduction.
He underscored that the efforts of the government have also been acknowledged by the International Financial Institution (IFIs), credit rating agencies and International media.