ISLAMABAD - Atiq-ur-Rehman, CEO Citigroup Middle East and Pakistan, on has said that his bank is very keen to work with the government of Pakistan on various new initiatives, as there is potential for foreign investment in the country.

Citigroup delegation led by Atiq-ur-Rehman met with Federal Minister for Finance Senator Ishaq Dar at the Finance Ministry on Thursday.

The finance minister briefed the delegation on the steps taken by the government during the last eight months to set the economic direction of the country on the right track. He informed that due to prudent policies, the economic indicators are moving in the positive direction. The finance minister briefed the delegation on the restructuring plan of the public sector enterprises and transparency in auction of spectrum licenses. He hoped that the international community will see Pakistan as an investment destination. Dar appreciated the cooperation of the Citigroup in bringing investors to Pakistan’s capital market.  The CEO of the Citigroup congratulated the finance minister on successful IMF programme.

He said that internationally people view economic development in Pakistan as positive signs indicating potential future prospective for foreign investment in the country and Citibank is very keen to work with the government of Pakistan on various new initiatives. Dr Waqar Masood, Finance Secretary, Economic Advisor to Finance Ministry, Rana Assad Amin, Khalid Qurashi, Managing Director & Head of Risk for Middle East & Africa, Omar Iqtidar, Managing Director-UAE, Nadeem Lodhi, Country Head for Pakistan, Salman Mian, Corporate Banking Head were also present in the meeting.