Pakistan set to sign deals worth $1.21b as Malaysia's PM Mahathir arrives for visit
2019-03-23 08:41:00 source：The Straits Times
March 22, 2019
ISLAMABAD (REUTERS) - Pakistan is set to sign deals worth US$900 million (S$1.21 billion) in telecoms, information technology during a three-day visit by Malaysian Prime Minister Mahathir Mohamad, a senior Pakistan official has said.
Pakistan, facing an economic crisis due to depleting foreign reserves and a widening current account deficit, has been searching for investment since the government of Prime Minister Imran Khan took office in August.
Razak Dawood, the prime minister's advisor on commerce said on Thursday (March 21) a memorandum of understanding covering US$800 million to US$900 million worth of investments with Malaysian investors would be signed on Friday (March 22).
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