Dar Showcases Pakistan’s Fintech and Investment Potential in New York Meeting

NEW YORK, Jul 24 (Alliance News): Deputy Prime Minister and Foreign Minister Senator Ishaq Dar met with top investment, banking, and IT professionals in New York on Thursday, highlighting Pakistan’s vast potential in fintech, digital banking, infrastructure, and sustainable finance.

During the session, part of his eight-day official visit to the United States, Dar underscored Pakistan’s ongoing economic reforms, accelerating digitalization, and strengthened compliance with global anti-money laundering (AML) and counter-terrorism financing (CFT) standards—factors he said were boosting investor confidence.

He also pointed to Pakistan’s improving macroeconomic indicators, such as the country’s first current account surplus in 14 years, easing inflation, and improved sovereign credit ratings by major global agencies.

Dar shared insights on the Special Investment Facilitation Council (SIFC), a strategic initiative aimed at streamlining investments in key sectors including agriculture, IT, minerals, energy, and tourism.

Representatives from leading global financial institutions—including Morgan Stanley, Bank of America, BNP Paribas, JP Morgan, and Goldman Sachs—attended the meeting. They offered valuable feedback and expressed interest in exploring private-sector opportunities in Pakistan’s evolving investment landscape.

Participants welcomed Pakistan’s recent economic progress and discussed how private sector-led initiatives could further strengthen economic cooperation between Pakistan and the United States.