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Al Jazeera
Al Jazeera
Business
Abid Hussain

Qatar to invest $3bn in Pakistan economy

Pakistan Qatar Shehbaz Sharif Economy Qatar Investment Authority Doha QIA
Qatar's Emir Sheikh Tamim bin Hamed Al Thani receives Pakistani Prime Minister Shehbaz Sharif in Doha [Qatar News Agency/Handout via Reuters]

The Qatar Investment Authority (QIA) has announced it aims to spend $3bn on various commercial and investment sectors in Pakistan, which is currently facing a dire economic crisis, according to a statement released by Qatar’s Amiri Diwan.

Wednesday’s announcement was made during a visit to Doha by Pakistani Prime Minister Shehbaz Sharif, who held official talks with Qatari Emir Sheikh Tamim bin Hamad Al Thani after a meeting with the QIA on Tuesday.

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