To explore economic cooperation and investment potential in Pakistan, Senator Muhammad Aurangzeb, the Federal Minister for Finance and Revenue, met with a group from Metro AG Germany, which was led by executive Vice President Atila Yenisen.
In order to stimulate business and economic activity, the Minister emphasized the country’s better macroeconomic conditions, which include a notable decrease in inflation and a decline in interest rates ¹.
In addition, Aurangzeb pointed out that Pakistan’s foreign exchange reserves have grown from two weeks to two and a half months of import cover, guaranteeing a stable exchange rate and enabling the return of dividends and earnings to overseas investors.
The investment profile of Yenisen Shared Metro AG Germany in Pakistan, which runs ten stores in five cities, employs more than 2,000 local employees, and provides services to about 10,000 affiliated customers.
By buying more than 10 million euros’ worth of Pakistani home textiles and other goods each year, the organization has increased its business in Pakistan, helping to strengthen the country’s economy and increasing exports
