Federal Minister for Commerce, Jam Kamal Khan said that announcement to invest $10bn was a significant endorsement for govt's policies
US dollar rate in Pakistan on May 24 down by Re0.10 to Rs278.20ISLAMABAD: Federal Minister for Commerce, Jam Kamal Khan said here on Friday that the United Arab Emirates’ announcement to invest $10 billion in Pakistan was a significant endorsement of the government’s economic reforms and confidence-building measures.
He attributed the historic investment to Prime Minister Shehbaz Sharif’s tireless efforts to address issues affecting the business community and investors over the past two months. The prime minister’s visit to the UAE yesterday resulted in the $10 billion investment announcement by UAE President Sheikh Muhammad bin Zayed Al Nahyan, he added.Minister Kamal highlighted that this investment was unprecedented and will be utilized in areas identified by Pakistan.
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