Trade partners: Finance minister supports strong ties with the US

A strong social protection system will be introduced to tackle the issue of poverty, says Dar.

ISLAMABAD:

Finance Minister Ishaq Dar on Tuesday said Pakistan wants strong economic ties with the United States (US), during a Pakistan-US investment conference in Dubai, a private news channel reported.

According to the channel, the minister said that the national economy faces major challenges like the budget deficit and a balance of payments crisis, and a strategy has been formulated to resolve all economic challenges. Dar said subsidies would now target particular segments of the population and a strong social protection system would be introduced to tackle the issue of poverty.

Earlier while addressing the conference, Water and Power Minister Khawaja Asif said that there is a lot of scope for investment in Pakistan’s energy sector. He stated that due to an independent judiciary and a vibrant media, Pakistan has an investment friendly environment.

Published in The Express Tribune, June 26^th, 2013.

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