Information Minister Ataullah Tarar said on Friday that the opposition to the government could not accept the “successful visits” that the new administration was making to attract investment opportunities in an effort to boost the economy, just a day after the United Arab Emirates (UAE) announced allocating $10 billion for additional investments in Pakistan.
“We discuss trade and investments everywhere we go. The minister stated, “We don’t talk about loans or grants,” while being accompanied by Commerce Minister Jam Kamal at a press conference in Islamabad.
A day prior, the minister had made a visit to the Gulf state, where he met with Sheikh Mohamed bin Zayed Al Nahyan, the president, in Abu Dhabi with the aim of encouraging investments in Pakistan.
Premier told UAE that Pakistan did not require aid, according to Tarar.
According to a Thursday report from the UAE’s WAM news agency, the decision was made “to strengthen the Pakistani economy, support it, and enhance cooperation between the two countries”.
At the press conference, Tarar discussed the function of the Special Investment Facilitation Council (SIFC), which was set up to draw foreign investment to the nation.
