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PTI govt to hold int’l roadshows to attract investors: Asad Umar

PTI govt to hold int’l roadshows to attract investors: Asad Umar

ISLAMABAD: Expected federal finance minister Asad Umar has said the Pakistan Tehreek-e-Insaf (PTI) government would arrange roadshows at important destinations of the world for getting substantial investment through a dollar denominated bond after assuming reins of power.

“We will consider appropriate changes at key positions in a bid to bring people on merit, but the decision to this effect will be made after assuming the reins of power,” said Asad Umar.

Official sources said the government might consider changing the key bureaucrats from their existing positions to demonstrate that the PTI intends to bring an improvement in governance structure of the country. “The government may consider replacing Secretary Finance Arif Ahmed Khan and Chairperson Federal Board of Revenue (FBR) Rukhsana Yasmeen,” sources said.

Asad Umar said he could not give any time-frame for launching the dollar-denominated bond to lure billions of dollars investment from expatriate Pakistanis because the coming government would have to go into details to find out whether the ministries-selected financial advisers or the coming government would do that. The PTI leader said it could take long time as the coming government would have to complete required procedures for selection of financial advisers. “We can go into market by arranging roadshows if relevant ministries have already selected financial advisers in one or two months time-frame,” he added.