Federal Minister of Information Atta Tarar says that Qatar will invest 3 billion dollars in Pakistan, this investment will further strengthen Pakistan’s economy, Pakistan’s economy is on the way to development, inflation is 6.9%. It has arrived, record remittances have come to Pakistan, interest rates have come down.
While addressing a press conference in Islamabad, Information and Broadcasting Minister Atta Tarr said that the Prime Minister’s visits to Saudi Arabia and Qatar were very important. The meetings in the visit to Saudi Arabia were constructive and fruitful, 27 agreements were signed during the visit of the Saudi Minister of Investment to Pakistan, the number of agreements between the two countries increased from 27 to 34, both countries agreed to increase the economy and investment. Saudi Arabia has played an important role in the restoration and stability of the country’s economy, the Minister of Information said that the total investment volume of Saudi Arabia in Pakistan reached 2 billion 800 million dollars, both countries agreed to increase the investment, the Saudi leadership announced an additional investment of 600 million dollars, the prime minister in Riyadh highlighted the investment opportunities.
He further said that Pakistan has raised the voice of Palestinians in every international forum, a new chapter has been added in the friendship between Pakistan and Qatar, there was a useful discussion between the Prime Minister and the Qatari leadership, Qatar has invested 3 billion dollars in Pakistan. announced that the Prime Minister’s reform agenda is moving forward, Qatar will invest in Pakistan in various sectors, the Minister of Information said that the Manara case is progressing smoothly, the Saudi fast food chain Albak is coming to Pakistan, the company has started working on its supply chain, rapid progress is being made in all areas, details will be revealed in due course.
Interview: Future Investments and Economic Growth – An Exclusive Discussion with Atta Tarar
Time.news Editor: Good afternoon, everyone. Today, we have the honor of speaking with Atta Tarar, Federal Minister of Information in Pakistan. Recently, he shared some exciting news about Qatar’s substantial investment in Pakistan. Welcome, Minister Tarar!
Atta Tarar: Thank you for having me. It’s a pleasure to be here.
Time.news Editor: Let’s dive right in. You announced that Qatar is set to invest $3 billion in Pakistan. What areas of the economy do you believe this investment will significantly impact?
Atta Tarar: This investment will touch several sectors including infrastructure, energy, and technology. The intention is to create a sustainable environment where both countries can thrive economically and socially. Qatar has expressed a strong interest in meeting our needs, which will help Pakistan’s economy flourish.
Time.news Editor: It sounds promising! You also mentioned that this investment would strengthen the economy at a crucial time. Can you share how you see the overall state of Pakistan’s economy right now?
Atta Tarar: Indeed, our economy is on a positive trajectory. Currently, inflation is at 6.9%, which is a considerable reduction compared to previous months. We have received record remittances, and with interest rates coming down, local businesses and consumers are gaining more confidence in the market.
Time.news Editor: With inflation coming down and record remittances pouring in, what do you believe has contributed to this economic turnaround?
Atta Tarar: A combination of factors has played a role. We have implemented sound fiscal policies and strengthened our ties with international partners, including the Gulf countries. Moreover, the resolve of our citizens, who contribute to remittances, cannot be understated. They play a vital part in fueling our economy.
Time.news Editor: How does the government plan to manage the expectations that come with this significant foreign investment?
Atta Tarar: Transparency is key. We are committed to ensuring that the investment process is streamlined and that the results are visible to the public. We’ll engage with various stakeholders to create a conducive environment for investment. This also includes monitoring and evaluating outcomes, so our citizens can reap the benefits.
Time.news Editor: Given the increasing influx of investments and a more positive economic outlook, what message would you like to send to potential investors around the world?
Atta Tarar: Pakistan is ready! We are open for business and have a wealth of opportunities waiting to be seized. The government is also dedicated to reforming policies that foster a business-friendly environment. We invite investors to come and witness the potential of Pakistan for themselves.
Time.news Editor: Thank you, Minister Tarar, for sharing these insights with us. It seems like an optimistic future lies ahead for Pakistan.
Atta Tarar: Thank you for having me. Together, we can build a prosperous future for Pakistan.
Time.news Editor: That’s a wrap for today’s interview. We look forward to seeing how these developments unfold. Thank you for tuning in!