Qatar to provide Pakistan $3 billion through direct investment

Government of PakistanQatar to provide Pakistan $3 billion through direct investment

ISLAMABAD, Pakistan: Qatar will provide Pakistan US$ 3 billion in the form of direct investment and deposits which will create new business opportunities in Pakistan and it will also strengthen the investment initiative of the government, the Prime Minister’s Special Assistant on Information and Broadcasting Dr Firdous Ashiq Awan said.

While talking to media in Islamabad on Monday, Firdous Ashiq Awan thanked the Amir of Qatar Sheikh Tamim bin Hamad Al Thani and his Cabinet for the announcement.

The Special Assistant said that this is a first step to further boost the relations between Qatar and Pakistan. She said that this amount will help Pakistan overcome its economic challenges.

Dr Firdous Ashiq Awan said that Prime Minister Imran Khan had announced visa on arrival for Qatari Citizens which will develop tourism sector in Pakistan. She said that Qatar has removed the ban on Pakistani rice which is good news for rice exporters and the economy of the Country.

Meanwhile in a tweet, the Prime Minister’s Advisor on Finance Dr Abdul Hafeez Shaikh expressed gratitude to the Amir of Qatar Sheikh Tamim bin Hamad Al Thani for announcing US$ 3 billion in deposits and direct investments for Pakistan.

Dr Abdul Hafeez Shaikh said that Qatar’s affirmation will further develop relations between the two Countries.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

Chinese PLA Ground Forces’ Commander lauds Pakistan’s efforts in fostering regional peace, stability

0
ISLAMABAD, Pakistan: The Commander of the Chinese People's Liberation Army (PLA) Ground Forces General Li Qiaoming met the Minister for Defence & Defence Producton...

PM Shahbaz orders best treatment of Jansher Khan

0
ISLAMABAD, Pakistan: The former renowned squash player and World Champion Jansher Khan met with Prime Minister Shahbaz Sharif in Islamabad on Monday.In the meeting,...
LEAs register 2,067 cases with 1,818 arrests to counter hate material

Security forces kill 21 terrorists in Balochistan, 14 security personnel martyred: ISPR

0
RAWALPINDI, Pakistan: The security forces and law enforcement agencies (LEAs) killed 21 terrorists when the latter attempted to conduct numerous heinous activities in Balochistan...

Interbank Dollar Rate Today in Pakistan – 26 August 2024

0
Interbank Exchange Rates in Pakistan The Interbank Closing Exchange Rate in Pakistan has been issued by the State Bank of Pakistan (SBP) for August 26,...

People’s Liberation Army Ground Forces Commander meets General Asim Munir

0
RAWALPINDI, Pakistan: The Commander of the People's Liberation Army Ground Forces General Li Qiaoming called on the Chief of Army Staff (COAS) General Syed...
Advertisement