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Riyadh, April 16 (QNA) – Saudi Arabia announced the extension of its USD 5 billion deposit with the State Bank of Pakistan, along with an additional USD 3 billion deposit, in a move aimed at supporting economic stability and enhancing the resilience of Pakistan’s economy amid global economic challenges.
According to the Saudi Press Agency, the support comes under directives from Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al-Saud and Crown Prince and Prime Minister Prince Mohammed bin Salman bin Abdulaziz Al-Saud, reflecting the strong fraternal ties and close cooperation between Saudi Arabia and the Islamic Republic of Pakistan.
The Kingdom reaffirmed its continued support for Pakistan’s economy, underscoring the depth of bilateral relations and its commitment to helping improve living conditions and strengthen the country’s ability to navigate economic challenges. (QNA)
