- Both Sides Commit to Expanding Cooperation Across Multiple Sectors
- Qatar Honors PM with Pakistan-Focused Exhibition
- Minister Hails Development as Key Milestone in PM’s Economic Agenda
Qatar is set to invest $3 billion in various sectors of Pakistan, including trade, investment, and culture, following Prime Minister Shehbaz Sharif’s successful visit to Doha, according to Information Minister Attaullah Tarar. Tarar announced this during a press conference in Islamabad, emphasizing that Qatar had previously pledged this investment.
The announcement comes after PM Shehbaz returned from his two-day official visit to Qatar, where he received a warm welcome from top leaders, including Qatari Emir Tamim bin Hamad Al Thani. During the visit, the Prime Minister also engaged with Qatari officials to enhance cooperation across multiple sectors.
Tarar highlighted the Prime Minister’s recent discussions in Saudi Arabia, where the kingdom increased its investment commitment from $2.2 billion to $2.8 billion after signing 34 memorandums of understanding (MoUs). This additional $600 million investment is expected to positively impact Pakistan’s national economy across various fields, including minerals, energy, and agriculture.
In Qatar, PM Shehbaz met with the Qatar Businessmen Association (QBA) delegation, led by Sheikh Faisal Bin Qassim Al-Thani, to showcase investment opportunities in Pakistan’s energy, infrastructure, and finance sectors.
Additionally, the Qatari leadership honored PM Shehbaz with a Pakistan-specific art and architecture exhibition, “MANZAR,” inaugurated at the National Museum of Qatar. The exhibition celebrates Pakistan’s artistic evolution from the 1940s to the present and symbolizes the deep cultural ties between the two nations.
Tarar described these developments as a testament to effective foreign policy and a significant milestone in PM Shehbaz’s economic agenda, noting that foreign investments would help stabilize the economy, which is showing signs of improvement with inflation at 6.9%, record remittances, declining interest rates, and rising investments.
