Prime Minister Anwaarul Haq Kakar's interim federal cabinet on Friday approved Kuwait's groundbreaking $10 billion investment in Pakistan.
The federal cabinet provided its endorsement to seven agreements with Kuwait, with a focus on critical sectors crucial for Pakistan's progress, including water resources, minerals, and food security.
The decision had received prior approval from both the Cabinet Committee on Legislative Affairs and the Economic Coordination Committee earlier this month.
This considerable investment represents a substantial contribution to Pakistan's economic landscape, promoting collaboration and partnership between the two nations.
It highlights a shared commitment to fostering a strategic alliance for mutual prosperity.
– PM Kakar calls on overseas Pakistanis to invest in country –
Few days back, Kakar urged overseas Pakistanis to consider investing in their home country, assuring them of comprehensive support and facilities from the government.
He emphasised that safeguarding the rights of overseas Pakistanis stood as a top priority for the administration.
During a meeting with a delegation of overseas Pakistanis led by Nouman Mustafa, the prime minister stressed the crucial role of legally and securely transferring remittances from Pakistanis residing abroad for the country's advancement.
He specifically encouraged the delegation to utilise the Roshan Digital Pakistan Account as the safest avenue for remittance transfers, emphasising its potential to enhance the national economy.
