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Al Jazeera
Al Jazeera
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Abid Hussain

Can Pakistan’s allies help revive its economy through investment dollars?

Chinese President Xi Jinping welcomes Pakistani Prime Minister Shehbaz Sharif at the Great Hall of the People in Beijing on June 7. [Xinhua/Huang Jingwen via EPA]

Islamabad, Pakistan — In a series of trips over the past three months, Pakistan Prime Minister Shehbaz Sharif has tried to convince the debt-strapped country’s three closest allies — China, Saudi Arabia and the United Arab Emirates — to invest in the nation, as its precariously positioned economy looks for green shoots.

In June last year, under Sharif’s first tenure as prime minister, the government formed a Special Investment Facilitation Council (SIFC), a high-powered body comprising Pakistani civilian and military leaders, to promote investment in Pakistan.

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