{"id":7537,"date":"2024-09-02T16:13:49","date_gmt":"2024-09-02T16:13:49","guid":{"rendered":"https:\/\/gsrra.com\/?p=7537"},"modified":"2025-09-26T13:13:45","modified_gmt":"2025-09-26T13:13:45","slug":"4-countries-commit-27bn-investment-in-pakistan-claims-ahsan","status":"publish","type":"post","link":"https:\/\/gsrra.com\/?p=7537","title":{"rendered":"4 countries \u2018commit\u2019 $27bn investment in Pakistan, claims Ahsan"},"content":{"rendered":"\n

<\/a>Federal Minister for Planning, Development, and Special Initiatives Ahsan Iqbal says that four countries have allocated $27 billion for investment through launching various mega projects in Pakistan under the framework of the Special Investment Facilitation Council (SIFC).<\/p>\n\n\n\n

\u201cThe SIFC is a very useful institution and framework under which our four brother countries have allocated $27bn for investment. Saudi Arabia allocated $5bn, UAE and Kuwait $10bn each, and Azerbaijan $2bn,\u201d he said while responding to various questions at a press conference in Lahore on Saturday. \u201cAnd this is the vision of our Prime Minister Shehbaz Sharif who wants investment from friendly countries instead of getting loans from them,\u201d he added.<\/p>\n\n\n\n

The minister said the investment is expected to be made within the next two to four years, as, presently, the government is busy preparing feasibilities for various projects.<\/p>\n\n\n\n

According to him, Pakistan seeks trade, not loans, from China and Saudi Arabia. These two countries have consistently provided unconditional support in times of need since the existence of Pakistan. He said talks with the IMF were underway and soon an agreement would be finalized.<\/p>\n\n\n\n

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Says any party having economic revival plan must share it with govt<\/p>\n<\/blockquote>\n\n\n\n

Flanked by the secretary general, the Institution of Engineers Pakistan Engineer Amir Zamir Ahmed Khan and Usman Farooq, a member of the Pakistan Engineering Council, Ahsan Iqbal said the PML-N, under Nawaz Sharif\u2019s leadership, has put Pakistan\u2019s economy back on track. He was of the view that the ongoing period was not a time for long marches or spreading chaos. He said any party having a program for economic recovery must share it with the government.<\/p>\n\n\n\n

Regarding the energy crisis, Iqbal assured that it would be controlled within a year. Additionally, the inflation rate will be brought down to single digits by the end of the year.<\/p>\n\n\n\n

He said the interior minister has been asked to get the irregularities in the Engineers Council elections investigated. \u201cI couldn\u2019t even cast my vote in the election due to a glitch,\u201d he added.<\/p>\n\n\n\n

Ahsan said in a bid to revitalize Pakistan\u2019s economy, Prime Minister Shehbaz Sharif is set to announce a comprehensive five-year plan outlining national economic goals. The plan aims to address pressing issues such as the energy crisis, tax evasion, and instability. \u201cPakistan must avoid chaos and instability to achieve progress and development,\u201d Ahsan emphasized. \u201cWithout peace, there will be no investments, and the energy crisis will persist.\u201d<\/p>\n\n\n\n

He urged traders to contribute to the country\u2019s progress by paying taxes, highlighting that 70 percent of taxes are borne by the industrial sector, while the service sector\u2019s contribution is negligible. He said that tax evasion forces the government to borrow from others and sign agreements with the IMF.<\/p>\n\n\n\n

In a message to opposition parties, particularly Jamaat-I-Islami, Ahsan appealed for collective efforts to resolve issues. \u201cIf they have an alternative plan, they should present it. We will open our books and share all resources to tackle the challenges.\u201d He emphasized paying taxes and said: \u201cWe must pay taxes and curb electricity theft. Strikes and shutdowns will only harm the national economy. This is not the time for protests and exploiting people\u2019s emotions.\u201d<\/p>\n\n\n\n

In another media talk, the minister criticized Imran Khan for making unnecessary noise over the facilities in Jail. \u201cHe (Imran Khan) is living in a five-star jail having cooked meals, exercise machines etc. But when I was sent to jail by Imran Khan\u2019s government, it didn\u2019t even allow me physiotherapy on my arms which was operated on by doctors three days before he was imprisoned. And due to this, my arm became deformed forever,\u201d he deplored.<\/p>\n\n\n\n

He said Imran Khan is allowed to meet his lawyers, and party leaders, and talk with the media besides having other facilities. But during Imran Khan\u2019s government, he and other PML-N and opposition leaders were not even allowed to meet their lawyers. \u201cI haven\u2019t seen or heard that Imran Khan is sweating while he appears in court. But, on the other hand, I have seen Nawaz Sharif, three-time PM, sweating in jail,\u201d he said, adding that the government has never thought of taking revenge on Imran Khan.<\/p>\n\n\n\n

Reference Link:- https:\/\/www.dawn.com\/news\/1856013<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Federal Minister for Planning, Development, and Special Initiatives Ahsan Iqbal says that four countries have allocated $27 billion for investment through launching various mega projects in Pakistan under the framework of the Special Investment Facilitation Council (SIFC). \u201cThe SIFC is a very useful institution and framework under which our four brother countries have allocated $27bn […]<\/p>\n","protected":false},"author":1,"featured_media":7538,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[281,282,132,157,3196,36,60,3195],"class_list":["post-7537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sample-category","tag-cpec","tag-bri","tag-economy","tag-investment","tag-opportunities-in-pakistan","tag-pakistan","tag-geopolitics","tag-several-companies-interested-in-investing-in-pakistan"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/7537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7537"}],"version-history":[{"count":1,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/7537\/revisions"}],"predecessor-version":[{"id":7539,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/7537\/revisions\/7539"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/media\/7538"}],"wp:attachment":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}