Increase in foreign exchange amid COVID19 reflects overseas Pakistanis’ trust: FM

Foreign Minister Shah Mahmood Qureshi says increase in foreign exchange amidst coronavirus pandemic reflects overseas Pakistanis’ trust in the economic policies of the current government.

Talking to Governor State Bank Reza Baqir in Islamabad on Friday, he said continuation of GSP Plus status for Pakistan by the European Union, appreciation of rupee and other economic indicators signify that we are heading towards the right direction.

The Minister said Pakistani ambassadors are introducing investment opportunities in Pakistan and the government’s business friendly policies across the world through economic diplomacy.

He expressed the confidence that the government will soon overcome the economic challenges facing the country.

Reza Baqir briefed the Foreign Minister on the performance of SBP, increase in foreign exchange and other economic indicators.

 

Source: Radio Pakistan