Qatar 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.

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