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RSS FeedsPakistan to get $1bln next week from Saudi Arabia
(WorldNews Pakistan)


11 november 2018 02:47:17

Pakistan to get $1bln next week from Saudi Arabia
(WorldNews Pakistan)

KARACHI: Pakistan is to receive $1 billion dollars from Saudi Arabia in a day or two out of the total $3 billion dollars it committed to support the country’s balance of payment, finance minister Asad Umar said on Saturday. “The country is out of the immediate balance of payment funding crisis,” Umar said. “(It) is working on a clear path for recovery… benefit of the revised economic strategy may be visible during the next six to nine months.” The minister said the government is taking all possible steps to boost economy. Last month, Saudi Arabia agreed to give Pakistan $3 billion in foreign currency support for a year and a further loan worth up to $3...
9 viewsCategory: General > Asia > Pakistan
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