Pakistan’s PM offers prayers at Prophet’s Mosque on first foreign visit 

Pakistan Prime Minister Shehbaz Sharif offers prayers at the Prophet’s Mosque in Madinah, Saudi Arabia on April 6, 2024. (PMO)
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Updated 07 April 2024
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Pakistan’s PM offers prayers at Prophet’s Mosque on first foreign visit 

  • PM Sharif arrived in Saudi Arabia on a three-day visit on Saturday during which he is expected to meet Saudi crown prince
  • Sharif, Saudi Crown Prince Mohammed bin Salman expected to discuss regional developments and bilateral economic ties 

ISLAMABAD: Prime Minister Shehbaz Sharif offered prayers at the Prophet’s Mosque in Madinah Saturday night, after arriving in Saudi Arabia on his first foreign visit since getting elected Pakistan’s chief executive last month, his office said. 

Sharif arrived in Saudi Arabia for a three-day official visit on Saturday where he is expected to meet Crown Prince Mohammed bin Salman, his office had confirmed. He is accompanied by his niece and Punjab chief minister, Maryam Nawaz Sharif, as well as the ministers of finance, foreign affairs, economic affairs, defense and information. 

“Prime Minister Shehbaz Sharif Saturday night offered Isha prayers and nawafil at Al-Masjid an-Nabawi (peace be upon him),” the Prime Minister’s Office (PMO) said. 

Sharif paid his respects at the prophet’s burial chamber and prayed for the progress and prosperity of the Muslim Ummah, it added. 

“He offered special prayers for the oppressed Muslims of Palestine and Indian Illegally Occupied Jammu and Kashmir,” the PMO said. 

Pakistan and Saudi Arabia enjoy strong trade, defense and cultural ties. The Kingdom is home to over 2.7 million Pakistani expatriates and serves as the top destination for remittances to the cash-strapped South Asian country.

Pakistan’s foreign office said on Friday that Sharif’s visit would last from April 6-8. It said Sharif and the Saudi crown prince are expected to discuss regional and global developments, and “mutually rewarding economic and investment relations.”

Sharif last traveled to Saudi Arabia during his first term as PM in October 2022. He met the crown prince during that visit and also attended the Saudi Future Investment Initiative Summit.
 


Pakistan PM directs ministries to fast-track foreign investment recommendations

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Pakistan PM directs ministries to fast-track foreign investment recommendations

  • Pakistan’s foreign direct investment fell by over 25 percent during July-November period, official data states
  • Premier directs ministries to provide support via embassies worldwide to facilitate foreign investors

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday directed all ministries to prepare recommendations for domestic, foreign investment and development projects related to their sectors, state media reported as Islamabad eyes sustainable economic growth. 

The premier’s directives came while he chaired a meeting of the federal ministries on the implementation of economic governance reforms, state broadcaster Radio Pakistan reported. 

Foreign direct investment inflows in Pakistan fell by more than 25 percent to $927 million during the July-November period, as per data from the central bank. Pakistan’s FDI inflows have never surged beyond $3 billion in nearly 20 years, worrying Islamabad as it seeks to escape a prolonged macroeconomic crisis. 

“Prime Minister Shehbaz Sharif has directed all ministries to promptly prepare recommendations for domestic and foreign investment and development projects related to their respective sectors,” Radio Pakistan reported. 
 
Sharif said it was his government’s top priority to provide institutional and administrative facilitation to investors.

The prime minister instructed federal ministries to provide “special importance” to proposals that promote exports.

“The prime minister directed the concerned ministries to provide effective support through Pakistani embassies worldwide to facilitate foreign investors,” the state media said. 

Sharif stressed that equal attention be provided to industrial production, agriculture, and other key sectors to increase investment.

Pakistan’s government has said it is eyeing sustainable economic growth, driven by exports and foreign investment. 

The South Asian country has recently signed agreements worth billions of dollars with regional allies such as Gulf nations, China and Central Asian nations to enhance cooperation in trade, investment, tourism, livestock, mines and minerals, and other sectors.