Pakistan, Aug. 21 -- Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Thursday chaired the first meeting of the committee constituted by the Prime Minister to develop a National Private Equity Policy Framework, aimed at strengthening Pakistan's private equity ecosystem and facilitating greater mobilization of domestic and international long-term capital.

The meeting discussed the role of private equity in promoting long-term investment and capital formation for sustainable economic growth. The Committee highlighted the potential of private equity to channel growth capital towards emerging and priority sectors, support business expansion, create scale, enhance productivity and strengthen the competitiveness of Paki...