January 15, 2006	Sunday	Zilhaj 14, 1426

ISLAMABAD, Jan 14: Prime Minister Shaukat Aziz on Saturday said a vibrant capital market, good governance and effective role of regulatory bodies were key to promoting growth in the economic sector.

The premier was talking to the new Chairman of Securities and Exchange Commission of Pakistan (SECP) Razi-ur-Rehman Khan at the PM House.

He said the result of the conscious reform process initiated by the government during the last several years was visible improvement in the functioning of the capital market.

The government’s focus is to bring complete transparency in the processes and it has increased investors’ confidence. He said there was buoyancy in the market due to investors’ confidence in policies of the government.

The prime minister said reforms were a continuous process and the government would continue to introduce reforms in the capital market as and when required.

He directed the SECP chairman to keep contact with all stakeholders and communicate effectively with them so that interest of all, particularly the small stakeholders, is protected.

The chairman SECP assured the prime minister of his commitment to continue with the reforms process. He said the SECP was dedicated to contribute to the improvement of economic situation and restructuring of the corporate sector and capital market in line with the requirements of today and tomorrow.—APP