Finance Minister Muhammad Aurangzeb reaffirmed Pakistan’s commitment to a transparent and investor-friendly economy on Saturday. He stressed policies that support investment, innovation, and capital market growth. The move aims to boost confidence among investors and strengthen sustainable economic development.
Aurangzeb chaired a virtual meeting of a focus group on Real Estate Investment Trusts. The session reviewed measures to expand the REIT framework and improve its economic contribution. Officials said strengthening REITs could enhance capital markets and attract broader investment participation. The discussion highlighted the need for policy clarity and regulatory efficiency.
Read more: Pakistan, China discuss green finance, climate-linked investment
Moreover, the minister praised the role of businesses, financial institutions, and market participants. He emphasized structured consultations to ensure reforms align with market realities. He noted that continuous dialogue would help create practical and responsive policies. This approach aims to maintain stability and predictability in the investment climate.
The meeting also examined taxation reforms and process improvements for REIT issuers. Participants discussed steps to simplify procedures and strengthen the market ecosystem. They stressed increasing retail investor participation and improving awareness of REIT instruments. Enhancing secondary market efficiency was also identified as a priority.
Read more: FinMin Aurangzeb leaves for US to attend IMF meetings
Officials acknowledged that Pakistan’s REIT sector has made early progress but holds untapped potential. The meeting called for better coordination, clearer regulations, and alignment with global practices. Aurangzeb highlighted REITs’ role in formalizing real estate and boosting economic activity. The session concluded with agreement on continued engagement and timely follow-up actions.