Pakistan seeks financial assistance from KSA, UAE and Qatar

Pakistan seeks financial assistance from KSA, UAE and Qatar

Pakistan is seeking financial assistance from Saudi Arabia, Qatar, and theUnited Arab Emirates (UAE) to stabilise the economy and is hopeful for apositive result, revealed Finance Minister Miftah Ismail.

Speaking on *Geo News* programme *Jirga*, the finance minister announcedthat Pakistan had reached out to Saudi Arabia, Qatar and UAE to help thecash-strapped country.

“Saudi Arabia, hopefully, will reload [deposit money in Pakistan’s centralbank] before December,” the minister told *Jirga’s* host, “Also, theKingdom may extend Pakistan’s limit to buy oil on credit.”

The government has also sought support from Qatar, the minister said. “Weare talking to Qatar to let us buy Liquefied natural gas (LNG) on loan. Weare also talking to the UAE [for financial assistance],” he added.