2 billion dollars in bilateral aid from Qatar to Pakistan
Pakistan Army will provide security assistance to Qatar in preparation for the upcoming FIFA World Cup 2022 that will be held in the Middle Eastern country.
According to the federal cabinet, the Pakistan Army-Qatar agreement on providing assistance during the mega football event from November 20 to December 18 of this year has been approved.
According to a statement released by the central bank on Monday, Pakistan will receive $2 billion from Qatar as bilateral support to ease the country's funding crisis and minimize the risk of its defaulting on its debt.
It is also expected that Saudi Arabia will provide $1 billion in oil financing to the country, as well as similar investments from the United Arab Emirates. State Bank of Pakistan (SBP) deputy governor Murtaza Syed said in a b...