Saudis offer Pakistan $6 billion rescue package to ease economic crisis

Prime Minister and Vice-President of the United Arab Emirates and ruler of Dubai Sheikh Mohammed bin Rashid al-Maktoum, Imran Khan, Prime Minister of Pakistan,Saudi Arabia Minister of State Ibrahim Abdulaziz Al-Assaf, attend the investment conference in Riyadh, Saudi Arabia October 23, 2018. REUTERS/Faisal Al Nasser

ISLAMABAD (Reuters) – Saudi Arabia has agreed to give Pakistan $3 billion in foreign currency support for a year and a further loan worth up to $3 billion in deferred payments for oil imports to help stave off a current account crisis, Pakistan’s government said on Tuesday. The $6 billion total exceeds forecasts by analysts […]

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