Saudi Arabia agrees to restart oil facility for Pakistan: FT
Last updated on: 21 June,2021 03:06 pm
The oil facility would help ease external account position of the country
LAHORE (Web Desk) - Saudi Arabia has agreed to restart oil aid to Pakistan worth at least $1.5bn annually in July, Financial Times reported on Monday.
The oil facility would help ease external account position of the country; however, the FT reported that the new facility would be less than half of the previous oil facility of $3.4bn approved in November 2018.