The ongoing annual meeting of the World Economic Forum (WEF) provides Pakistan with a unique opportunity to engage with global leaders, organizations, and the private sector.
In a posting on X, Adviser to Finance Minister Khurram Schehzad outlined Pakistan’s strategy for the pivotal gathering, from Jan. 20-24. He said Islamabad was seeking to bolster its strategic partnerships and investment collaborations. The country aims to achieve this by strengthening collaborations and securing bilateral and multilateral agreements in sustainable investment, climate resilience, infrastructure, technology and renewable energy for sustainable economic growth.
Additionally, he said, representatives wished to position Pakistan as a “resilient, high-potential innovative economy” and secure support for forward-thinking policy frameworks aimed at addressing global challenges. The focus, he stressed, was on technological advancement, inclusivity and sustainability.
Among the key priorities for Pakistan’s finance and economic team at Davos, he said, was securing strategic partnerships, promoting sustainable investments, advancing climate resilience, and positioning Pakistan as a hub for regional economic integration.
The summit, said Schehzad, would send a key message to international investors and policymakers that Pakistan is open for business, offering a competitive, investor-friendly environment.
During discussions around economic reforms, he said, the focus would be on structural reforms for fiscal stability, energy transition, technology adoption, and inclusive growth, emphasizing transparency and accountability.
The adviser said the finance minister would highlight Pakistan’s role in the global economic landscape and at the WEF. “Pakistan is a bridge between regions advocating for equitable global growth, sustainable development and shared prosperity through collaboration,” he said.
The government, said Schehzad, hopes to secure specific outcomes from its WEF participation, including commitments to bilateral and multilateral investments; policy support for green growth; and increased global recognition of Pakistan’s progress and potential. Finance Minister Muhammad Aurangzeb, he said, wished to highlight Pakistan’s approach to promoting economic recovery and growth initiatives through policy reforms, empowering key sectors like technology and renewable energy and fostering public-private partnerships for resilience and innovation.
The WEF summit at Davos, concluded the adviser, was Pakistan’s platform to assert its role as a key player in global economic discussions, showcasing its progress, and advocating for collaborative solutions to lead in resilience and sustainable development.