IFC sets up fund for entrepreneurs and startups in Pakistan
Federal Minister for Finance Muhammad Aurangzeb met with IFC representatives in Islamabad to discuss establishing a new fund for entrepreneurs.
Meeting focuses on private capital mobilisation
The Federal Minister for Finance held discussions with Simon Andrews, Director of the International Finance Corporation covering Pakistan and neighboring regions. Officials reviewed ongoing support for private-sector development and access to finance within the country. The government highlighted its focus on entrepreneurship, small and medium enterprises, and agricultural finance as key areas for investment.
New fund strengthens startup ecosystem
Representatives from the IFC shared progress toward establishing a dedicated fund for entrepreneurs in collaboration with relevant stakeholders. This initiative aims to strengthen Pakistan's entrepreneurial and start-up ecosystem through targeted financial support. The meeting also covered engagement on affordable housing projects to address specific market needs.
Investor confidence drives growth plans
The minister noted that improving macroeconomic stability is helping to build greater investor confidence in the region. Authorities plan to translate these gains into increased investment and capital formation for private sector-led growth. Expanding access to finance remains a priority for creating an enabling environment for both domestic and international capital.
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