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Saudi Arabia will continue to extend financial assistance to Pakistan: Abdullah Al-Shoebi

Saudi Arabia reschedules Pak loans and delays repayment for next 6 months

March 3, 2022

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Saudi Arabia reschedules Pak loans and delays repayment for next 6 months

SAUDI ARABIA'S BIG RELIEF FOR PAKISTAN

Web DeskbyWeb Desk
March 3, 2022
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Saudi Arabia will continue to extend financial assistance to Pakistan: Abdullah Al-Shoebi
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ISLAMABAD, March 3: Saudi Arabia has rescheduled Pakistan’s debt of 84 crore and 60 Lakh dollars and postponed repayment of loans for next six months.
Saudi Arabia held a ceremony to sign rescheduling of loan agreement with Pakistan.
According to a statement issued by the Ministry of Economic Affairs, Saudi Arabia will provide relief to Pakistan under the G20 countries.
According to a statement, the Saudi Ambassador was also present at the ceremony while Dr. Saud Ayad, DG, Saudi Development Fund, signed the agreement.-TLTP

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