PM Imran Khan seeks $2 billion economic assistance from Saudi Arabia

PM Imran Khan seeks $2 billion economic assistance from Saudi Arabia
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ISLAMABAD - PM Imran Khan faces the first foreign policy challenge in his crucial visit to Saudi Arabia.

PM Khan is likely to seek economic assistance worth more than $2 billion from Saudi Arabia for its oil purchases.

The sources said that discussion would be held on the matter during Prime Minister Imran Khan 's current visit to Saudi Arabia.

The Pakistan premier and the delegates accompanying him on the visit will hold discussions on economic affairs of the country.

Pakistani delegates are hopeful that they will be able to achieve this facility from the kingdom. Pakistan can get the same facility from the United Arab Emirates, if Saudi Arabia agrees to provide it oil on credit. link link

The sources said that Pakistan imports oil worth $4.75 billion from UAE annually. Pakistani ministries of finance and foreign affairs have also held a detailed discussion on the matter

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