Pakistan’s eyes expanded to the Kingdom of Saudi Arabia under its 2030 vision



Finance Minister Mohamed Uranzib speaks during an interview in his office in Islamabad on July 19, 2024 – Reuters

Islamabad: On Monday, Finance Minister Mohamed Uranzib emphasized the possibility of strengthening exports to the Kingdom of Saudi Arabia, especially in the skilled work sector, as the ambitious vision in the Kingdom 2030 increases the demand for skilled workers.

In an interview with Arab news During the emerging market economy, the Minister of Finance indicated that this corresponds to the needs of RIYADH, which is expanding in the workforce as it advances towards the goals of its ambitious vision 2030.

He added: “The influence of the Kingdom of Saudi Arabia on regional economic transformation expands, as Pakistan recognized the Kingdom’s progress under vision 2030 as a valuable model.”

The Minister of Finance stressed that the Kingdom’s leadership in economic reforms provides important lessons for Pakistan as it begins its structural changes.

“Pakistan and the Kingdom of Saudi Arabia were long -term partners, one of the strongest partnerships we have,” added Uranzib.

The minister said: “With the passage of our structural reforms at this time stage, on the back of the macroeconomic stability that we have achieved, there is a lot to learn from the 2030 vision.”

He also mentioned that the Kingdom is advancing on its goals for the 2030 vision, “so there is a lot to learn in Pakistan from our partners in the Kingdom of Saudi Arabia.”

The Minister of Finance also highlighted the growing Saudi investments in Pakistan, especially in the business sector.

He referred to recent developments, such as the Saudi Aramco invasion in the oil industry in the direction of the river course and the ongoing conversations related to agreements from the government to the rule (G2G).

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“We already had a few investments that pass from Saudi Arabia in business to business (B2B), and then of course, we have just seen Aramco to the estuary, so they are all very good investments,” Aurangzeb said.

He added: “There are a number of G2G transactions that take place in this time stage that will be announced later in the year.”

“Meanwhile, we are still grateful for the support we received from the Kingdom of Saudi Arabia, especially with regard to our International Monetary Fund program,” and pointed out that the conference is a multilateral platform important to discuss economic flexibility and cooperation between emerging economies.


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