The United States wants the United Nations to raise funding for refugees this year by 30 per cent to $13 billion and says it will ask for the extra cash at a summit to be hosted by President Barack Obama in September.

Pakistan is the best place to invest in given its geographical location and lands full of natural resources, said Prime Minister Nawaz Sharif today.

The country can stand out in the gloomy global economic situation with headwinds from China and the US, if it continues with "reforms and responsible economic planning", Finance Minister Arun Jaitley on Friday said, expressing confidence the country will prove its resilience.