Riyadh (HRNW)- Saudi Arabia has once again announced major financial support for Pakistan, reinforcing the strong brotherly and strategic ties between the two countries.
According to reports, Saudi Crown Prince Mohammed bin Salman has announced a $3 billion deposit for Pakistan, demonstrating the close relationship and mutual trust between Riyadh and Islamabad.
The Saudi leadership recently sent its Finance Minister to Pakistan, who assured Pakistani officials that Saudi Arabia would help fill the foreign exchange gap created after the return of approximately $3 billion by a Gulf country.
According to officials, this amount will be kept as a deposit with the State Bank of Pakistan, aimed at strengthening the country’s foreign exchange reserves.
Officials have described this step as “unusual and special,” reflecting the long-standing friendship and strategic confidence between Pakistan and Saudi Arabia.
Experts say that this deposit will not only support Pakistan’s reserves but will also help boost confidence in the national economy and financial stability.
Support independent journalism and economic reporting by contributing to HRNW. Your support helps us continue delivering credible and timely news coverage.
Donate here: www.hrnww.com/?page_id=1083
