Saudi Arabia has said that Pakistan is its important ally
Davos :
Pakistan, which is going through a period of economic trouble, has got support from Saudi Arabia. Saudi Arabia is finalizing an extension of $3 billion of its deposits to Pakistan, Saudi Arabia’s Finance Minister Mohammad Al-Jadaan informed. According to the news of Reuters“We are finalizing a deposit of $3 billion to Pakistan,” he said on the sidelines of the World Economic Forum in Davos. It is worth noting that last year also Saudi Arabia deposited an amount of three billion dollars in Pakistan’s central bank to help support its foreign reserves.
