Follow
WhatsApp

Saudi Arabia and China 12 billion assistance has taken Pakistan out of balance of payment crisis

|

Saudi Arabia and China 12 billion assistance has taken Pakistan out of balance of payment crisis

ISLAMABAD – Pakistan has come out of a balance-of-payments crisis, afterSaudi Arabia and China equally filled a gap of $12 billion in its payments. Finance Minister Asad Umar has revealed. He said in a joint press conference with Foreign Minister Shah MehmoodQureshi. Read More: Indonesia Doubles J-10CE Fighter Jet Deal To 24, Seeing Results of PAF Performance Against IAF The…

ISLAMABAD – Pakistan has come out of a balance-of-payments crisis, afterSaudi Arabia and China equally filled a gap of $12 billion in its payments.

Finance Minister Asad Umar has revealed.

He said in a joint press conference with Foreign Minister Shah MehmoodQureshi.

The finance minister said that a high-level delegation,which will alsoinclude the State Bank governor, will be visiting China on November 9.

“A decision has been made in principle and the November 9 meeting is toascertain its features,” he said, while speaking of a financial assistancedeal with Beijing.