ISLAMABAD – Prime Minister Imran Khan is expected to address the nationthrough a video message today.
The Prime Minister along with his delegation has returned to Islamabadafter conclusion of their two-day visit to the Kingdom.
Saudi Arabia on Tuesday agreed to provide Pakistan $3billion for a periodof one year as balance of payment support.
According to a statement issued by the Foreign Office, a Memorandum ofUnderstanding was signed between Finance Minister Asad Umar and the SaudiFinance Minister Muhammad Abdullah Al-Jadaan, stating Saudi Arabia willdeposit $3 billion for a period of one year as balance of payment support.
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It was also agreed that a one year deferred payment facility for import ofoil, up to $3billion, will be provided by Saudi Arabia. This arrangementwill be in place for three years, which will be reviewed thereafter.
