ISLAMABAD – Transfer of US$3 billion from Saudi Arabia to Pakistan forbalance of payment support faces official procedural delays.

The delay in the transfer of promised US$3 billion from Saudi Arabia isdelayed due to official procedure and amount would be deposited in theState Bank of Pakistan (SBP) account soon.

Pakistan is yet to receive US$3 billion pledged by Saudi Arabia duringPrime Minister Imran Khan’s visit last month. The delay was due to official procedure and the amount would be disbursed to Pakistan soon.