Pakistan government makes a request to Saudi Arabia
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Pakistan government has requested Saudi Arabia not to withdraw its deposits worth $3 billion in the State Bank of Pakistan (SBP) until the end of this year, said Finance Minister Miftah Ismail on Wednesday.
Last year, Saudi Arabia had deposited $3 billion in the SBP to help support Pakistan’s foreign currency reserves.
Addressing a press conference in Karachi, Miftah Ismail said that former prime minister Imran Khan’s economic team misguided the nation on talks with IMF.
“An IMF delegation will visit Pakistan in the next few days,” he said, adding that they will show the PTI how to make things better and reduce inflation.
