Information Minister Attaullah Tarar announced that Qatar has committed to investing $3 billion in Pakistan’s economy, a major move aimed at strengthening economic ties between the two countries. The announcement came during a news conference held in Islamabad, where Tarar provided an overview of Prime Minister Shehbaz Sharif’s recent visits to both Saudi Arabia and Qatar.
This substantial investment pledge from Qatar represents a step toward building a strong partnership with Pakistan, encompassing various sectors such as trade, investment, culture, and the overall economy. According to Tarar, this commitment is expected to contribute positively to Pakistan’s economic stability and growth, demonstrating Qatar’s confidence in Pakistan’s future potential.
One of the highlights of Prime Minister Shehbaz Sharif’s visit to Qatar was an exhibition that displayed Pakistani art and architectural achievements. Tarar described this cultural showcase as an important element for deepening bilateral relations, as it allowed both countries to celebrate and appreciate each other’s heritage and values. During his visit, PM Shehbaz also expressed his gratitude to Qatar’s Amir, Sheikh Tamim bin Hamad Al Thani, acknowledging his continued support and cooperation with Pakistan.
In addition to the news from Qatar, Tarar shared positive developments regarding Pakistan’s relationship with Saudi Arabia. He noted that Saudi investments in Pakistan have risen from $2.2 billion to $2.8 billion, marking a $600 million increase. This boost in Saudi investment reflects the strengthening economic bond between Pakistan and Saudi Arabia, signaling a shared commitment to mutual growth and collaboration.
These recent diplomatic efforts and economic commitments underscore Pakistan’s growing partnerships with key nations in the region, paving the way for enhanced economic stability and cooperation.
