ISLAMABAD: Finance Minister Muhammad Aurangzeb met a delegation of Wafi Energy Pakistan Ltd at the Finance Division on Friday and reaffirmed the government’s commitment to macroeconomic stability, stronger foreign exchange buffers and improved investor confidence.

During the meeting, the finance minister said that improved economic indicators and strengthened external buffers were already restoring confidence among both domestic and international investors. He said this was enabling smoother financial transactions and creating a more predictable business environment.

The Wafi Energy Pakistan delegation expressed confidence in Pakistan’s economic outlook and indicated that the company was considering potential investment of up to $100 million over the next two to three years. The proposed investment would focus on expanding retail and storage infrastructure, modernising operations and pursuing technology-driven improvements, including digitisation initiatives.

The delegation also stressed the need for a stable, transparent and predictable policy framework to support long-term investment in the energy sector and welcomed continued engagement with the government to better align reforms with industry requirements.

Aurangzeb reaffirmed the government’s focus on structural reforms, privatisation, digitisation and public-private partnerships. He added that sustained engagement with international partners would continue to strengthen economic cooperation and bolster investor confidence.