ISLAMABAD (National Times) – Federal Minister for Finance and Revenue, Shaukat Tarin here on Monday highlighted the initiatives undertaken by the government for ensuring economic progress and development.

These initiatives have improved the overall economic outlook of the country, the federal minister said during a meeting with Chairman Pak Kuwait Investment Company, Mohammad A. M. Al-Fares, according to press statement issued by the finance ministry.

He apprised the visiting dignitary about the economic bottlenecks faced by Pakistani economy during testing times of Covid-19. The Finance Minister appreciated the investment and development banking activities of Pak-Kuwait Investment Company.

This joint venture between government of Pakistan and Kuwait is imparting commendable role in promoting the industrial activity in various areas of economy, he added.

Mohammad A. M. Al-Fares shared that Kuwait greatly values its bilateral relations with Pakistan, the statement added.

Both sides promised to enhance these bilateral ties in various areas including investment, trade and business.

Both sides highlighted deep rooted brotherly between Pakistan and Kingdom of Kuwait and shared their contentment over the prevailing stronger relations between the two countries.