Qatar’s Emiri Diwan said on Wednesday that the Qatar Investment Authority (QIA) planned to invest $3 billion in Pakistan lending support to the cash-strapped economy. “The Qatar Investment Authority announced its aspiration to invest $3bn in various commercial and investment sectors in the Islamic Republic of Pakistan,” the Emiri Diwan said, without giving details. The announcement was made during a visit to Doha by Prime Minister Shehbaz Sharif, who held official talks with Qatari Emir Sheikh Tamim bin Hamad al-Thani on Wednesday after a meeting with the QIA on Tuesday.

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