ISLAMABAD: Prime Minister (PM) Anwarul Haq Kakkar said on Sunday that The Pakistani government is optimistic about investment from Saudi Arabia. After negotiations between Crown Prince Mohammad bin Salman of the Saudi Arabian Province and commander of the Pakistani military

Prime Minister Anwarul Haq Kakkar told a private news channel that The government is planning a visit by the Crown Prince of Saudi Arabia. He added that the visit will tap many economic opportunities in the country.

As stated by the Prime Minister A working group led by the Minister of Finance will plan most of the federal and provincial planning. Consider options for optimal pension fund management. and try to plan the country’s spending and increase income.

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He said: “We strongly believe that there is a need to target government expenditure and increase revenue to build a viable state. and reduce the risks that exist due to economic problems.”

According to him, the Special Investment Council (SIFC) is trying to help achieve good governance. and correcting the causes of past mismanagement. Community organizations have been dysfunctional in the past. But now the military leader has increased the level of trust in the civil authorities and his organizational strength. This gives new energy to implement policies and achieve goals. he added

The Prime Minister said that the Pakistan Oil Group and Saudi Arabia’s Aramco Oil Company are in business negotiations for the establishment of an oil refinery in Pakistan.

The UAE has also shown great interest in mineral exploration in Pakistan.

Prime Minister Kakkar highlighted the lack of non-agricultural industries in Balochistan. Noting that in the past they had taken a soft stance on smuggling.