$3b Saudi cash to be deposited in Pakistan soon: envoy - News Summed Up

$3b Saudi cash to be deposited in Pakistan soon: envoy


The Crown Prince of Saudi Arabia Muhammad bin Salman receives Prime Minister Imran Khan upon his arrival at Middle East Green Initiative Summit in Riyadh. Saudi Arabia had recently announced to provide Pakistan $3 billion as cash deposit with the State Bank to address its balance-of-payments crisis. Ambassador Al-Malki said the government of Saudi Arabia considered Pakistan as "a dear country" with a very deep and strong relationship. He said Saudi Arabia always stood with Pakistan and extended support to it on multiple occasions, adding that the relationship with Pakistan was regardless of any government in power. In three years, the six visits of PM Imran Khan to the Kingdom reflect the level of relationship, he added.


Source: The Express Tribune November 12, 2021 21:00 UTC



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