Get latest articles and stories on World at LatestLY. Pakistan Finance Minister Miftah Ismail on Thursday said that Qatari investment will end the country s financing gap, local media reported. World News | Qatar s Investment to End Funding Gap in Pakistan, Says Finance Minister.
Inflation and declining foreign currency reserves have brought Pakistan to the verge of economic collapse. The nation's debt has increased to an all-time high. The Islamic Republic is burdened with a mountain of unbearable debt.
According to media reports citing sources, the Pakistani government has decided to offer Qatar a 51% stake in Pakistan International Airlines (PIA) and the Roosevelt Hotel in New York while the prime minister is in Doha on a two-day official visit.