Reforms boost economy: PM

Published December 7, 2005

ISLAMABAD, Dec 6: Prime Minister Shaukat Aziz on Tuesday said government’s policy of liberalization, deregulation and privatization as well as reforms over the past six years had turned around the country’s economy putting it on a high growth path as well as increasing per capita income.

He was talking to a six-member delegation of Mitsubishi Corporation Japan headed by Mikeo Sasaki, chairman, board of the corporation, here at the Prime Minister’s House.

The prime minister said investor-friendly policies of the government coupled with an enabling climate had increased investor’s confidence making Pakistan one of the most attractive places for investment.

Mr Aziz pointed out the policies had resulted in significant increase in foreign and domestic investments.

The delegation expressed sympathy on the loss of life and property as a result of the recent earthquake.

Mikeo Sasaki appreciated the economic policies of Pakistan and said his company was visiting Pakistan to look into the possibilities of joint ventures with Pakistan companies. —APP

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