Published 2 years ago

Cash-strapped Pakistan gets USD 8 billion in financial support from Saudi Arabia

Summary by Ground News

Pakistan secured the deal during the visit of Prime Minister Shehbaz Sharif to Saudi Arabia. The financial package includes doubling of the oil financing facility. Pakistan has faced growing economic challenges, with high inflation, sliding forex reserves, a widening current account deficit and a depreciating currency.

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Times of India

Cash-strapped Pakistan gets $8 billion in financial support from Saudi Arabia - Times of India

Pakistan News: ISLAMABAD: Saudi Arabia has agreed to provide Pakistan with a "sizeable package" of around $8 billion to help the cash-starved country bolster dwindli.

2 years ago·India

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News18 India

Cash-strapped Pakistan Gets $8 Billion in Financial Support from Saudi Arabia

Pakistan had proposed doubling the oil facility from USD 1.2 billion to USD 2.4 billion and Saudi Arabia agreed to it

2 years ago·India

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The Hindu

Cash-strapped Pakistan gets $8 billion in financial support from Saudi Arabia

Pakistan has faced growing economic challenges, with high inflation, sliding forex reserves, a widening current account deficit and a depreciating currency

2 years ago·India

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Hindustan Times

Cash-strapped Pakistan gets USD 8 billion in financial support from Saudi Arabia

Pakistan has faced growing economic challenges, with high inflation, sliding forex reserves, a widening current account deficit and a depreciating currency.

2 years ago·New Delhi, India

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India Today

New Pak PM secures $8 billion Saudi bailout for cash-strapped country: Report

Saudi Arabia has agreed to provide Pakistan with a "sizeable package" of around USD 8 billion to help the country bolster dwindling forex reserves and revive its ailing economy, reports said on Sunday.

2 years ago·India

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Business Standard

Cash-strapped Pakistan gets $8 bn in financial support from Saudi Arabia

Saudi Arabia has agreed to provide Pakistan with a "sizeable package" of around $8 billion to help the cash-starved country bolster dwindling forex reserves and revive its ailing economy

2 years ago·India

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