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Wednesday May 22, 2024

Ex-minister welcomes Saudi Arabia’s investment in Pakistan

He said political stability is a must for capitalizing on this rare opportunity in the form of Saudi Arabia’s assistance worth billions of dollars

By Our Correspondent
April 18, 2024
Former federal minister Muhammad Ali Durrani speaks at an event. — X/@YouthPPakistan/File
Former federal minister Muhammad Ali Durrani speaks at an event. — X/@YouthPPakistan/File

ISLAMABAD: Senior politician and former federal minister Muhammad Ali Durrani on Wednesday welcomed Saudi Arabia’s investment in Pakistan.

“The Kingdom, as always, is playing a crucial role in Pakistan’s economic recovery,” said Durrani in a statement.

He said political stability is a must for capitalizing on this rare opportunity in the form of Saudi Arabia’s assistance worth billions of dollars.

He emphasised the prime minister should take the opposition on board to ensure success of projects facilitated by Saudi investment.

The former minister said political stability and national consensus are essential requirements for placing economic recovery as a top national agenda. “Political consensus is vital for safeguarding Saudi investments from the challenges similar to those faced in the CPEC projects,” he said.