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Wednesday 31st May 2023 / 9 Shawwal 1444

Finance Minister Ishaq Dar meets Kuwaiti counterpart

KUWAIT: Finance Minister Ishaq Dar called on his Kuwaiti counterpart HE Minister of Finance Ali bin Ahmed Al Kuwati, during his visit to Doha the other day.

His visit came at a time when almost entire Pakistan faced historic power breakdown with several parts across the country were yet to receive electric supply despite passage of more than 24 hours, and with the entire federal cabinet trying their best to dispel impression that Pakistan was on the verge of facing economic default.

Officials in power corridor claimed Dar visited Qatar to woo investors as the country is suffering from the worst economic crisis in recent years, and with aim of improving cooperation in energy sector.

His visit came after media reports in Pakistan that Ishaq Dar would offer to sell two Pakistani LNG power plants to the Qatari officials to raise $1.5 billion from their sale. It is pertinent to mention here that Doha earlier showed interest in taking administrative control of Pakistani airports, however, there is no official word on the matter.

According to Kuwaiti state news service, the two leaders during their meeting discussed the existing cooperative relations between the two countries, and prospects of enhancing and developing them especially in the fields of investment, finance and economy, in addition to a number of issues of mutual interest.

Later in the day, Ishaq Dar met with the delegation of QTerminals and discussed avenues of cooperation in the field of logistics and port operations.


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