PM guarantees equal treatment of foreign and domestic investors

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi has said that Pakistan offers an attractive investment regime that guarantees equal treatment to foreign and domestic investments and ensures a liberal foreign exchange regime.

Talking to Saudi Ambassador Nawaf Saeed Al Maliki here in Islamabad the prime minister said we will welcome Saudi investment in energy, infrastructure and agriculture sectors.

The prime minister said Pakistan and Saudi Arabia enjoy brotherly relations and commonalities of views on all issues of mutual interest at regional and international levels.

The ambassador expressed the desire to further strengthen bilateral relations. He stressed the need for enhancing bilateral trade and assured his full support in this regard.

Meanwhile, chairing a meeting of the gas sector leadership committee in Islamabad, the prime minister said the government is pursuing reforms in the gas sector to meet consumer’s energy demands. He pointed out that availability, affordability, efficiency, and sustainability should be the hallmark of gas sector reforms.

The prime minister said these reforms are inevitable for a sustainable gas supply system without compromising on rights and privileges of the provinces and other stakeholders. He said that around 100 gas discoveries have so far been made this year.

The meeting supported, in principle, to carry forward the reforms process and pledged to contribute towards providing a sustainable and efficient gas exploration, production, transmission, and distribution system.

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Foreign exchange rates in Pakistan for today, November 26, 2024

The Exchange Rates Committee of the Financial Markets Association of Pakistan issued the following Exchange rates bulletin on Tuesday.