ISLAMABAD, Aug 20: The structural reforms carried in the financial sector are bringing good results and because of that foreign direct investment is coming to Pakistan. This was stated by Prime Minister Shaukat Aziz while talking to Francis Andrew Rozario, senior executive of Temasek Group of Singapore, who called on him at the Prime Minister’s House on Saturday.

Mr Aziz said: “We have a very good regulatory system and capital markets are doing well.” He said that due to government’s policies the economy was growing rapidly and middle-class was expanding in Pakistan.

“Pakistan is now focusing on improving its infrastructure and meeting growing needs of energy so that it can keep up the pace of economic growth in the country,” he added.

Referring to his recent visit to Japan and Southeast Asian countries, the prime minister said investors had shown confidence in the government’s policies and they saw a potential for investment, as the middle-class was growing and driving growth and demand in Pakistan. “We welcome foreign direct investment from Singapore.”

Mr Rozario appreciated the policies and thanked the government of Pakistan for providing a level-playing field and enabling environment to the investors and said that there was a great potential for investment in Pakistan.