Pakistan government makes a request to Saudi Arabia

Pakistan government makes a request to Saudi Arabia

Pakistan government has requested Saudi Arabia not to withdraw its depositsworth $3 billion in the State Bank of Pakistan (SBP) until the end of thisyear, said Finance Minister Miftah Ismail on Wednesday.

Last year, Saudi Arabia had deposited $3 billion in the SBP to help supportPakistan’s foreign currency reserves.

Addressing a press conference in Karachi, Miftah Ismail said that formerprime minister Imran Khan’s economic team misguided the nation on talkswith IMF.

“An IMF delegation will visit Pakistan in the next few days,” he said,adding that they will show the PTI how to make things better and reduceinflation.