In view of Pakistan's economic situation, Qatar announced to invest 3 billion dollars

Doha: During Prime Minister Shahbaz Sharif’s visit to Qatar, the Doha government has announced to invest 3 billion dollars in Pakistan.

According to news agencies, due to Pakistan’s critical economic situation and balance of payments crisis, foreign exchange reserves have fallen to 7.8 billion dollars.

According to the sources, the available reserves will hardly be enough for the country’s imports for more than one month.

On the other hand, Qatar has announced without disclosing the details of the investment in the context of the current critical situation that the Qatar Investment Authority will invest a total of 3 billion dollars in several trade and investment sectors in Pakistan.

Earlier, the Prime Minister of Pakistan Mian Shahbaz Sharif had a detailed discussion on matters of mutual interest with the Emir of Qatar Sheikh Tamim bin Hamad Al Thani after the meeting of QIA (Qatar Investment Authority) and the important meeting.

It should be noted that the Amiri Diwan of Qatar has said that the Emir of Qatar emphasized the importance of the long-standing fraternal and strategic relations between Doha and Islamabad and the desire to increase economic partnership by promoting trade exchanges and investments through the Qatar Investment Authority. emphasized.

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