Pakistan seeks $20Bn investments, mainly through G2G agreements, to revive economy and deepen partnerships with Saudi Arabia & Gulf states.

Pakistan seeks $20Bn in investments, primarily through G2G agreements, to revive its economy; targets deepening partnerships with Saudi Arabia & Gulf states. Pakistan's Petroleum Division proposes transferring Captive Power Plants to the National Grid instead of shutting them down. The division clarified that the Power Division recommended the closure to the IMF, while no subsidies were provided for gas supply to these plants, which consume 358MMCM of gas daily.

August 28, 2024
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