'KSA placing $3bn with SBP, providing $1.2bn oil finance to help Pakistan in balance of payment'

Last updated on: 27 October,2021 10:31 am

The minister in a tweet thanked the Crown Prince and Kingdom of Saudi Arabia for this kind gesture.

ISLAMABAD (APP) - Advisor to Finance Minister on Finance and Revenue, Shaukat Tarin said Wednesday that Saudi Arabia has indicated to place US$3 billion with State Bank of Pakistan and offer a $1.2 billion deferred oil facility to help Pakistan in balance of payment.

In a tweet, Tarin said the Finance Minister of Saudi Arabia informed him about this generous gesture of the Kingdom of Saudi Arabia.

The minister in a tweet thanked the Crown Prince and Kingdom of Saudi Arabia for this kind gesture.