Pakistan receives 3rd tranche of $1b from Saudi Arabia

Pakistan receives 3rd tranche of $1b from Saudi Arabia

State Bank of Pakistan confirmed that it has received the amount.

Under the financial package, Saudi Arabia had agreed to provide three billion dollars to Pakistan as balance of payment support besides providing oil on deferred payment for three years.

State Bank of Pakistan has also received one billion dollars from the UAE which has committed to provide the financial support package of three billion dollars to Pakistan.

APP