Dr. Reza Baqir, former Governor of the State Bank of Pakistan, has advised the government on key measures to attract private capital and accelerate Pakistan’s economic growth. The recommendation came during a high-level meeting with Finance Minister Senator Muhammad Aurangzeb and a delegation from the global advisory firm Alvarez & Marsal.

The delegation, including Peter Briggs, Elizabeth Shortino, and Mickey Landen, joined the discussion virtually. They highlighted Alvarez & Marsal’s global experience in sovereign advisory and strategic investment, outlining innovative frameworks that could be adapted to Pakistan’s economic priorities.

Mr. Briggs presented the firm’s recent work with international partners on structured investment platforms and discussed opportunities to replicate similar models in Pakistan. Both sides explored ways to leverage institutional partnerships to draw private capital and support sustainable economic growth.

Senator Aurangzeb welcomed the insights and emphasized the government’s commitment to creating actionable strategies, structuring viable investment opportunities, and engaging effectively with international financial institutions.

The meeting concluded with an agreement to continue close coordination through designated focal points and carry out follow-up technical discussions. Further engagements are planned to refine proposals and advance collaboration, including during upcoming international forums.