/   djesi.com   / English  

2019-06-25 11:20:25

ISLAMABAD (AP) - Islamabad has thanked Qatar for the $3 billion investment in Pakistan announced by the energy-rich Gulf Arab nation’s ruler.

Abdul Hafeez Shaikh, economic adviser to Pakistani prime minister, tweeted Pakistan’s thanks on Monday, hours after Emir Sheikh Tamim bin Hamad Al Thani made the announcement, which was carried on Qatar’s official news agency.

It followed the emir’s two-day visit to Pakistan over the weekend, during which he held talks with Prime Minister Imran Khan. It was the Qatari ruler’s first time in Pakistan in four years.

Qatar’s efforts to help Pakistan’s troubled economy come as Saudi Arabia is expected to start supplying Islamabad with oil, with payments deferred for three years.

Cash-strapped Pakistan also recently reached a preliminary agreement with the International Monetary Fund for a $6 billion bailout.

Copyright © 2019 The Washington Times, LLC.

The Washington Times Comment PolicyThe Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

washingtontimes.com
billion qatar pakistan thanks planned times washingtontimes islamabad https washington investment comnews2019jun25pakistan


User comments