Russian firm

Published November 8, 2005

ISLAMABAD, Nov 7: Prime Minister Shaukat Aziz on Monday said Pakistan’s economy had stabilized owing to government’s policies during the last five years and added that an enabling environment had been provided to the private sector to play an effective role in the development process. Talking to V.F. Rashnikov, Chairman of the Board of Directors of Magnitogorsk, Iron and Steel Works of Russia, Mr Aziz said investment-friendly policies of the government had encouraged international companies to invest in many sectors in Pakistan and added that the level of foreign and domestic investments had substantially improved.—APP

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