Saudi Arabia has once again come forward to help Pakistan, which is suffering from a crippling economy and inflation. The Saudi Fund for Development on Tuesday announced a deposit of USD 3 billion in Pakistan's central bank. Not only this, but Saudi Arabia will also supply $ 1.2 billion of oil to Pakistan with deferred payment.
Imran Khan thanks Saudi Prince
Pakistan Prime Minister Imran Khan has thanked Saudi Crown Prince Mohammed bin Salman for this help. Imran Khan tweeted, 'I would like to thank Prince Mohammed bin Salman for depositing $3 billion in Pakistan's central bank and financing $1.2 billion of refined petroleum products. KSA has always been there for us in our tough times. Even now when the world is facing rising commodity prices.
Imran Khan met the Crown Prince
Imran Khan was on a tour of Saudi Arabia from 23 to 25 October. Imran attended the opening ceremony of the Middle East Green Initiative (MGI) conference here. Imran also met Saudi Arabia's Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud on the sidelines of the Middle East Green Initiative Summit in Riyadh on Monday. Immediately after this meeting, aid has been announced from Saudi Arabia.
second big package
This is the second major financial aid package that Saudi Arabia has given to Pakistan in the last three years. Earlier in 2018, Saudi Arabia had given a financial package of USD 6 billion to Pakistan. Of this, $3 billion was in deposits with the State Bank of Pakistan and the remaining $3 billion was in the form of oil supplies on deferred payments on an annual basis.
Pak had to return 2 billion dollars
Due to deteriorating bilateral ties, Pakistan had to return $2 billion out of deposits of $3 billion. Last year, relations between the two countries soured when Saudi Arabia refused to take any action against India on the issue of abrogation of Article 370 from Jammu and Kashmir. Pakistan's Foreign Minister Shah Mehmood Qureshi gave a stern warning to Saudi Arabia regarding this.
Ruckus is increasing on the controversial statement given by RJD leader Surendra Yadav regarding
Apple Launches Advanced Child Safety System: New AI-Powered Features Every Parent Must Know About
At its highly anticipated WWDC 2026 event, Apple unveiled a major upgrade to its child safety and
Vijay Devarakonda Appeared Before ED: South actor Vijay Devarakonda appeared before the Enforceme
Due to the US-Israel-Iran war, LPG is becoming scarce in several states across North India, inclu
Powered by half-century innings from Rohit Sharma (78) and Ryan Rickelton (81), the Mumbai Indian
The Rajasthan Royals have halted the Punjab Kings' winning streak in IPL 2026. The Punjab team su
During the recent teaser launch event held in LA, Ranbir Kapoor praised Sai Pallavi for her portr
In the 35th match of IPL 2023, Gujarat Titans will clash with Mumbai Indians. In their last match
Trouble for former MD of Twitter India, SC sent a notice on UP government's petition
The Supreme Court has issued a notice in the FIR against Manish Maheshwari, former MD of Twitter
The Pakistan cricket team defeated Sri Lanka in the Super Four match, keeping alive their hopes o
