ISLAMABAD – Pakistan economic vows have started to come to a halt as Saudiassistance package $1 billion installment would be given to Pakistan withinnext few days.
Saudi Arabia is likely to get $1 billion from Saudi Arabia as firstinstallment by next week.
On October 23, Saudi Arabia had agreed to provide Pakistan US$3 billion forone year as balance of payment support.
An MoU was signed by Finance Minister Asad Umar and his Saudi counterpartunder which Riyadh will place a deposit of US$3 billion for a period of oneyear as balance of payment support.
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The agreements between the two countries were signed during a visit byPrime Minister Imran Khan to Riyadh on the invitation of the Custodian ofthe Two Holy Mosques.
