NAMURA BANK CEO MEETS SENATOR WAQAR IN UK
 

Islamabad, February 3, 2010

 
The delegations of leading Financial Institution NAMURA Bank UK led by Mr. Kenichi Watanabe President and CEO Nomura Holdings, Inc. held a meeting with Senator Waqar Ahmed Khan Federal Minister for Privatisation and expressed keen interest to extend full support in the privatisation process and to bring in investment by putting their stakes in the State Owned Entities (SoEs) to revitalize Pakistan’s economy, says a message received here today from UK.

Senator Waqar Ahmed Khan who is currently on a visit to UK to meet the leading investment banks and business groups and to brief them about the new concept of future value added privatisation program also informed the delegates regarding the growing economic scenario of Pakistan and informed that the growth rate was improving while interest rate has decreased from 16 to 12 % and the inflation has also came down from 24 % to 10 %. The government was determined to make more efforts for political stability to further strengthen the economic stability.

The delegates of Namura Bank expressed their confidence in Pakistan’s economy and appreciated the government for bringing in stability and its continuing efforts for the economic reforms.

They appreciated the government’s resolve for bringing in political and economic stability through reconciliation process and taking unanimous decisions for NFC award and Baluchistan package. They assured that they would soon visit Pakistan to further explore the investment opportunities being extended through the Privatisation Program. A high power delegation will visit Pakistan in the coming week to hold meetings with the officials for identifying the areas of interests.