Prime Minister Shaukat Aziz on Saturday said that Qatar would invest $2 billion in cement and other fields in Pakistan. Presiding over a meeting of the Economic Co-ordination Committee (ECC) of the Cabinet, he said that 'Qatar-Pakistan Investment Company' would be established which would be owned by Doha.
Economic Advisor to Ministry of Finance, Dr Ashfaque Hasan Khan, later said that the ECC reviewed the prices of essential commodities and noted increase of 0.5 percent in sensitive price indicator during the week ended on July 13, 2006, as compared to previous week ended on July 6.
The ECC was informed that the Central Board of Revenue has so far collected Rs 710.2 billion for financial year 2005-06, against target of Rs 690 billion.