Saudi Arabia to invest $25 Billion in Pakistan; Revival of privatization process planned ...Iraq

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Shafaq News/ Pakistan's Caretaker Prime Minister, Anwar ul Haq Kakar, announced on Monday that Saudi Arabia is set to inject approximately $25 billion into Pakistan's economy over the next five years. These investments will encompass various sectors, representing a significant economic boost for the country. Additionally, the government aims to revitalize the currently stalled privatization process as part of its economic recovery efforts.The South Asian nation has embarked on a challenging path toward economic revitalization, guided by its caretaker government. Pakistan recently averted a sovereign debt default with the assistance of a $3 billion loan approved by the International Monetary

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Last updated : 04 September 2023 clock 11:17 PM

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Saudi Arabia to invest $25 Billion in Pakistan; Revival of privatization process planned ...Iraq

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