Federal Minister for Planning Ahsan Iqbal has announced the good news that the friendly countries of Pakistan will invest 27 billion dollars.
Among them are Saudi Arabia, UAE, Kuwait, and Azerbaijan, this is a great success for Pakistan under SIFC.
Planning Minister Ahsan Iqbal while talking informally to the media said that discussions are going on with these countries on the feasibility of projects and other issues. A large delegation of investors from Saudi Arabia is coming to Pakistan.
The Chinese Prime Minister is also visiting Pakistan after 11 years. During the visit of the Chinese Prime Minister to Pakistan, discussions on the CPEC phase-out will continue, and the financing agreement for the ML1 project with China will be soon.
The roadmap of the ML1 project has been agreed upon with China, and UAE has also shared a portfolio for investment with Pakistan, a favorable environment is essential for trade with neighboring India.
Ahsan Iqbal said that IMF’s 3-year new loan program is a new insurance policy for Pakistan.
We have to make reforms to take advantage of this, if we don’t take advantage, we will be in a new quagmire after 3 years.
Decided not to interfere in politics, Judiciary, Army and Parliament are pillars of the state, now we should get out of mistrust.
All institutions should move forward with mutual trust, the Prime Minister will soon announce the national economic agenda, like Turkey, and the civil-military system in Pakistan will be gradually corrected.
Ahsan Iqbal said that civilian space will be gradually restored, and there should be no compromise on peace, stability, continuity of policies, and reforms.
Pakistan’s global rating is improving, inflation is falling, exports and remittances are increasing, and Pakistan can no longer afford the politics of protest and anarchy.
