ISLAMABAD: Pakistani Prime Minister Shehbaz Sharif said on Friday billions of dollars would come into Pakistan in the future in the form of investments from Gulf nations as part of a new economic revival plan devised by his government. Earlier this month, Sharif announced his government new economic revival plan, including setting up a Special Investment Facilitation Council (SIFC) to attract foreign investment, particularly from Gulf nations. “Four million jobs will be created under this economic revival plan,” Sharif told reporters. “Billions of dollars in investment will come from Gulf nations.”He said agriculture, information technology and defense production were key elements of the new plan. “Today if we want to get rid of these loans, then we must bring investments from Gulf states, billions of dollars … back-to-back agreements,” Sharif said.

Source: The Nation June 30, 2023 12:40 UTC