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ISLAMABAD: Prime Minister Shehbaz Sharif will leave today for the United Arab Emirates on a two-day official visit.
According to the details, the prime minister along with a high-level delegation and federal cabinet members will leave today for a visit to the United Arab Emirates with the aim of supporting the deteriorating economy of the country.
During his visit to the UAE, PM Shehbaz Sharif will meet Mohammed bin Zayed Al Nahyan, during which relations between the two countries and issues of mutual interest will be discussed.
Read more: $9.7 billion aid announced in Geneva moot: PM Shehbaz Sharif
It should be noted that PM Shehbaz Sharif, during his visit to the United Arab Emirates starting today, is likely to request more time to repay the $2 billion loan.
Pakistan and the UAE are considering a proposal to commercialize PTCL’s properties with the aim of settling some of the $800 million in arrears.
A protracted dispute over overdue arrears could stall the sale of shares of publicly listed government entities to the UAE. The prime minister yesterday reviewed all important decisions.
