Islamabad (HRNW)- Saudi Crown Prince Mohammed bin Salman has announced a $3 billion financial assistance deposit for Pakistan, which is being described as an important expression of the close and brotherly relations between the two countries. According to the report, the aim of this move is to stabilize Pakistan’s foreign exchange reserves and reduce economic pressure. According to sources, the Saudi Finance Minister visited Pakistan recently and formally informed the Pakistani leadership about this decision.
It has been reported that Saudi Arabia has taken this step to fill the financial gap created by the withdrawal of $3 billion by a friendly Gulf country. According to officials, Saudi Arabia already has $5 billion in deposits with the State Bank of Pakistan, and this new announcement is a significant development for Pakistan’s financial stability. Sources said that the Pakistani leadership welcomed the decision and thanked Saudi Arabia for this “special and extraordinary step”.
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