$10 billion deal with Saudi Arabia: Federal government breaks silence over the media report

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$10 billion deal with Saudi Arabia: Federal government breaks silence over the media report

ISLAMABAD - Federal Minister for Finance Asad Umar has responded over the media report of $10 billion deal with Saudi Arabia.

He has rebuffed media reports of a $10 billion deal with Saudi Arabia, said that the volume of the deal is yet to be decided.

In an interview with *Arab News* link, Asad Umar said that a Saudi delegation would visit Pakistan in the first week of October to discuss the volume and areas of investment.

Discussing Prime Minister Imran Khan’s visit to Saudi Arabia, he said, “The prime minister’s visit was meant to make agreements at the highest level with the King of Saudi Arabia and build a stronger relationship. In principle, only verbal discussions have taken place so far.”

“We have discussed trade-related issues, foreign direct investment, visa fees, and issues faced by our laborers,” he added