According to a written statement issued by the Senate Secretariat on Friday, Federal Minister for Finance and Revenue Shaukat Tarin revealed the specifics of the arrangement under which Pakistan got monies worth $3 billion from Saudi Arabia.

Under an agreement struck between the central bank of Pakistan and the Saudi Fund for Development, a much-anticipated $3 billion tranche was deposited in the State Bank of Pakistan (SBP) on December 4, 2021.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Al Jazeera ban to come into effect ‘immediately’

Israel’s Communications Minister said a ban on Al Jazeera would come into…

Thai warship sinks stranding more than 100 sailors

A Thai naval ship capsized during a storm in the Gulf of…

“Latest US mass shooting highlights Republican indifference”: Biden

President Joe Biden accused US Republicans of indifference and denounced the “senseless…