Chinese fund eyes energy, infrastructure

Finance Minister Muhammad Aurangzeb met a delegation from the Silk Road Fund on Friday, according to The Express Tribune. The Chinese investor is headed by Chairperson Zhu Jun, and the two sides explored ways to deepen commercial ties. Talks centred on where capital could be deployed and how bilateral economic links might grow.

Aurangzeb briefed the visitors on recent gains in fiscal management, stability of external accounts, the level of foreign exchange reserves and the wider macroeconomic picture. He stressed that the government intends to keep the economy steady while carrying forward structural changes and growth that lasts. Participants also reviewed the privatisation agenda and prospects in infrastructure, energy and manufacturing.

The minister argued that closer work with major global investment bodies could help build capital, expand infrastructure and widen productive activity. The SRF delegation said it wants to keep engaging with Pakistan and welcomed the progress in strengthening macroeconomic fundamentals.