Tag: Prince Mohammed Bin Salman

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Saudi Arabia sends $3 billion package to help out cash-strapped Pakistan

Saudi Arabia has said it's depositing USD 3 billion in Pakistan's central bank to help the cash-strapped country with the foreign reserves The advertisement was made by Saudi Fund for Development on Tuesday, Geo News reported The Saudi Fund for Development said it's depositing$ 3 billion in the State Bank of Pakistan (SBP). It added that an sanctioned directive was issued to supply$1.2 billion to finance Pakistan's canvas products trade during the time This comes as a respite for Pakistan, which is battling a deep profitable extremity The news was verified by information minister and energy minister Hammad Azhar This will help ease pressures on our trade and forex accounts as a result of global goods price swell,"Azhar said as he participated the news Pakistan high minister Imran Khan had ...