Saudi Arabia's Prime Minister and Crown Prince Mohammed bin Salman (MBS) has canceled his visit to Pakistan starting November 21. The Foreign Ministry of Pakistan has also confirmed this. Shahbaz Sharif was eagerly waiting for Salman's visit, as he was about to give a new loan of about $ 4.1 billion to Pakistan, which is on the verge of bankruptcy.
Imran's tour canceled due to a long march
According to media reports, due to the Long March of former Prime Minister Imran Khan, there is chaos and tension in Pakistan. For this reason, Prince Salman has canceled the tour. Imran is also going to protest in Islamabad demanding early elections.
problem of Pakistan
Last month, Shahbaz Sharif went on a tour of Saudi Arabia. It happened for the first time that during this visit Saudi did not announce any kind of help to Pakistan. However, it was decided that Prince Salman would come to Islamabad at the end of November and announce big help to Pakistan there. Since then Prince Salman's visit was being awaited. Now this visit is canceled.
Pakistan's Foreign Ministry is refraining from saying anything clearly about this. According to him, the tour has been postponed and has not been canceled.
what was expected
Pakistan's foreign reserves are currently between 7 to 8 billion dollars. Of these, about $2.5 billion is deposited in the form of guarantee money towards Saudi. Saudi oil is also being given on loan to Pakistan. UAE has given 1.5 billion dollars. This also guarantees money. Guarantee money means that this money will remain in the treasury of the Government of Pakistan, but it will not be able to use or spend it.
Finance Minister Ishaq Dar in the Shahbaz Sharif government had said recently – Prince Salman will give a loan of $4.1 billion to Pakistan. Apart from this, Saudi is also going to help us in the petroleum sector.
Now Pakistan's problems have increased due to the cancellation of Salman's tour. Pakistan is not going to get any installment for three months from the International Monetary Fund i.e. IMF. Sharif also went to China last month but did not get a new loan from there either.
Tension in Pakistan due to the long march
The Long March of former Prime Minister of Pakistan Imran Khan has started again from Thursday. He was attacked last week. After this, the march was stopped for a few days. At present, Imran is not involved in this march, but other party leaders are a part of it.
Imran has threatened that if the election dates are not announced at the earliest, he will block Islamabad. His supporters already exist outside the capital's borders. Khan has said that he will join the Long March in Rawalpindi. The motive behind this is that Khan wants to put pressure on the army to bring him back to power.
Relations between Imran and the army have gone from bad to worse in recent months. The army alleges that Imran wants to create a rift in the Pakistan Army. Earlier, in 2014, Chinese President Xi Jinping had to cancel his visit to Pakistan due to Imran's dharna.
Also Read: Britain's big action against Russia freezes assets worth 18 billion pounds
BJP started Jan Aakrosh Yatra after 'Bharat Jodo Yatra', Minister Subhash Garg taunted
Minister of State for Technical Education, Government of Rajasthan, Dr. Subhash Garg reached Bharatpur on Wednesday. Regarding the BJP's Jan Aakrosh Yatra, he said that BJP started the Jan Aakrosh
Will Virat's century drought end in Tests: Kohli's record against Australia weak in India, Lion the biggest threat
After being out of form for almost three years, Virat Kohli made a good comeback in the last months of 2022. He scored the first century of his career in T20 International and ended the drought of
Love Jihad: In Lucknow, a young man threw a girl from the roof - death, was pressurizing her to convert
Love Jihad in Lucknow: Sufiyan, a resident of the Duda colony of Dubagga, threw acquaintance Nidhi Gupta down from the fourth floor for opposing conversion. Nidhi was taken to the trauma center in
Israel: Israel can run the administration in Gaza in collaboration with Arab countries, Israeli diplomat in the UN indicated
Israel's diplomat at the United Nations has said that after the elimination of Hamas and the completion of the operation in the Gaza Strip, Israel will discuss the future of Gaza with Arab countries.
Weather Update Today: Weather mood will change due to western disturbances, rain alert in these states
The weather pattern in the country is slowly changing. It is raining in some areas of UP, Haryana, Punjab, Himachal Pradesh, and Uttarakhand. On the other hand, due to the active western disturbance,
SRH vs RR: If this batsman is made the captain then luck can shine, choose your team wisely
The 50th match of IPL 2024 will be played between Sunrisers Hyderabad and Rajasthan Royals. This match will be played at Rajiv Gandhi International Cricket Stadium in Hyderabad. After
Hamas and Hezbollah have more than one lakh rockets, and Israel is in great danger due to attacks
There is always tension between Israel and Palestine. Rocket attacks from Gaza and Lebanon by Hamas and the terrorist organization Hezbollah may have reduced the death toll, but Israeli citizens
Gadar 2 Box Office 24th Day: 'Gadar 2' broke the records of 'Pathan' and 'Baahubali-2', and earned huge money on Sunday
Sunny Deol and Ameesha Patel's film 'Gadar 2' is progressing at a stormy pace at the box office. 24 days have passed since the film was released in theatres, but the film's box office earnings remain
Shashank Singh: GT vs PBKS Know who is Shashank Singh? The player bought by 'mistake' during the auction became a hero, saved the team
The 17th match of IPL 2024 between Gujarat Titans and Punjab Kings was very exciting. Despite the failure of the top order, Punjab won the match by three wickets with two balls remaining. Shashank
Farmers Protest: Demand for maize and pulses, yet farmers forced to sell below MSP; Falling graph of cotton cultivation
The face of Punjab can change with the guarantee of MSP of lentils, arhar, urad, maize, and cotton by the central government. At the same time, the cultivation of pulses will get a boost in the
