Pakistan Received $3 Billion Funds from Saudi Arabia

$3 Billion Funds from Saudi Arabia

Pakistan has finally received $3 Billion Funds from Saudi Arabia. This money is received by the State bank of Pakistan under Riyadh’s most recent bailout package to uplift Pakistan’s foreign exchange services. Saudi Arabia had decided to provide $4.2 Billion, from which $3 Billion Funds as-deposited & $1.2 Billion for petroleum products. Pakistan will have to refund money after a year as $3 Billion Funds at an interest rate of 4% & $1.2 Billion at 3.8%.

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