Doha: With foreign reserves falling below $8 billion, Pakistan’s Prime Minister Shehbaz Sharif is reaching out to allies for help. Prime Minister Shehbaz Sharif had visited Qatar for this purpose. Qatar has responded to his call and has announced an investment of about $3 billion in Pakistan. A Pakistani minister has claimed that this will greatly benefit their economy.
Pakistan Prime Minister Sharif had held talks with the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani. Following the talks, Qatar announced an investment of about $3 billion in Pakistan. Pakistan currently has less than $8 billion in its coffers and it can clear the bill for a few weeks of imports. After that, Pakistan would have faced a terrible situation. Against this backdrop, Qatar has given some relief to Pakistan by announcing the said investment. Pakistan is trying to solve its economic crisis by reaching out to all its allies for loans and investments. The International Monetary Fund is also ready to provide financial assistance of around $1 billion to Pakistan. 
Pakistan Army Chief General Qamar Javed Bajwa took the initiative for this. There are claims that Pakistan has started getting loan assistance due to the mediation of General Bajwa from the US to the Middle East. Former Pakistan Prime Minister Imran Khan criticised the Pakistan government for this.
Along with the Middle East, Pakistan is pleading with the United States for financial assistance. Pakistan has also shown its readiness to accept the US demands in return for funding and there are allegations that Pakistan has accepted some of the US demands. Al Qaeda chief Zawahiri was killed by the US in a drone strike in Afghanistan. Pakistan’s airspace is claimed to have been used for this. There were also reports that Pakistan provided information about Zawahiri to the United States. Analysts in this country are expressing concern that Pakistan will have to face attacks from the Taliban in Afghanistan, which are infuriated due to this. 
It is also being said that the increasing movement of Taliban in the border areas of Afghanistan is the result of this.
Moreover, China is also reacting to Pakistan’s policy of joining hands with the United States for financial assistance and China is reportedly unhappy with Pakistan. At the same time, Pakistani media reported that a group of Middle East were angry with Pakistan for continuously asking for loans. In such a situation, investing $3 billion from Qatar will solve Pakistan’s problems for some time. But Pakistan must face more serious economic challenges in the future.
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