Financial Updates

The blog "FINANCIAL UPDATES" consists on exclusive economic and commerce news about across the world particularly Pakistan economy

Wednesday, November 26, 2014

Investers keen to invest in Pakistan International Sukuk, minister claims

Over 25 international investment companies’ representatives called on the Finance Minister  of Pakistan Senator Muhammad Ishaq Dar on Tuesday in London in the roadshow on Pakistan International Sukuk offering.

The Finance Minister is accompanied by the Deputy Governor State Bank of Pakistan and Additional Secretary (External Finance) in the meetings with the investment companies.

The Finance Minister along with his team briefed the international investors during day long meetings which started at eight in the morning and continued late into the night. Most of the investors had invested had invested in the international bond issued earlier this year. The investors were provided with an update on the macroeconomic progress made by Pakistan since the roadshows for the Euro Bond in April earlier this year. Senator Dar also highlighted the improved stable outlook in the country’s ratings ever since the Euro Bond. He also shared his vision of the roadmap for continued economic prosperity and his Government’s efforts to overcome the challenges of economy, energy, extremism and education and health. Mr Dar also mentioned about the positive sentiments he came across during his recent interactions with the International Financial Institutions.

Investors showed keen interest in the economic performance of the country and the contemplated Sukuk offering which is likely to be completed shortly.

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