Islamabad: Ambassador-Designate to the Kingdom of Saudi Arabia Lt. Gen. (Retd) Bilal Akbar made a courtesy call on the Federal Minister for Finance, Revenue, Industries and Production, Muhammad Hammad Azhar, at the Finance Division – 13 April, 2021.
The Finance Minister welcomed the Ambassador – Designate and wished him success in his new assignment. The Finance Minister stated that Pakistan and Saudi Arabia have enjoyed historical relations over the years. These bilateral ties are rooted in centuries old religious, cultural and commercial links between the people of both the countries. People of Pakistan have great respect and reverence for the Kingdom being custodian of the two Holy Mosques. Moreover, a large number of Pakistani expatriates are working in different fields and have made significant contribution in building infrastructure. Besides, Pakistani diaspora is also serving as doctors, bankers, entrepreneurs, academia etc and remit valuable remittances back have home.
The Pakistani diaspora in Saudi Arabia is a great asset for the country. The Government has taken initiatives such as Roshan Digital Accounts to facilitate non-resident Pakistanis for making investment in Pakistan. A large number of Pakistanis, based in Saudi Arabia, have opened online accounts and benefited from the scheme, he added.
The Ambassador – Designate briefed the Finance Minister on the vast potential for expanding bilateral trade and investment between the two countries. The Finance Minister stressed to further strengthen the investment & business linkages to its full potential and facilitate Pakistani diaspora abroad.