ISLAMABAD: Foreign investors showed unprecedented interest in Pakistan’s economy during the road-shows for the promotion of Pakistan’s International Sukuk 2016.
The investors were particularly appreciative of the remarkable turnaround in Pakistan’s economy as a result of comprehensive and far-reaching reforms undertaken by the government.
In a video conference Finance Secretary Waqar Masood briefed the Finance Minister Ishaq Dar here that investors also applauded Pakistan’s completion of IMF’s Extended Fund Facility Program for the first time in its history and exhibited interest in the Sukuk on offer.
Pakistan’s team comprising Finance Secretary and Governor State Bank of Pakistan is in Washington DC for a promotion campaign of road shows for Pakistan’s International Sukuk 2016. Representatives of Joint Lead Managers were also present.
The team conducted these road-shows in Dubai, London, Boston and New York and met with potential investors in these major financial centres. The road-shows were completed in close coordination with the Joint Lead Managers comprising Standard Chartered Bank, Citibank, Deutsche Bank, Dubai Islamic Bank and Noor Bank.