ISLAMABAD: Federal Minister for Information and Broadcasting Attaullah Tarar has stated that the economy is progressing towards improvement due to government efforts, with Qatar set to invest $3 billion in Pakistan and Saudi Arabia increasing its investment to $2.8 billion; additionally, the Saudi fast-food chain ‘Al-Baik’ is entering the Pakistani market.
Attaullah Tarar, while holding a press conference in Islamabad, gave a detailed account of the Prime Minister’s visit to Saudi Arabia and Qatar.
He said that the meetings during the visit to Saudi Arabia were constructive and fruitful. The Prime Minister’s visits to Saudi Arabia and Qatar were important; thank God, the economy has gotten back on track. Qatar will invest $3 billion in Pakistan, and Qatari investment will support the Pakistani economy.
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He stated that 27 agreements were signed during the Saudi Minister of Investment’s visit to Pakistan, but now the number of agreements between the two countries has increased from 27 to 34.
Both countries agreed to enhance the economy and investment, and Saudi Arabia has played an important role in the restoration and stabilization of Pakistan’s economy.
The Federal Minister for Information said in response to a question that the Manara case is progressing smoothly.
Saudi fast-food chain Al Baik is coming to Pakistan, and the company has started working on its supply chain. Rapid progress is being made in all sectors, and details will be revealed when the time comes.