Islamabad: Sources revealed that Pakistan would likely secure a multi-billion dollar financial support package from longtime ally Saudi Arabia this month. The two finance ministry officials said the package would include deposits boosting the country’s foreign reserves, and oil on deferred payments. Minister for Finance and Revenue Senator Ishaq Dar, earlier during a press conference, hoped that talks with Saudi Arabia would materialise soon — and Pakistan would not “default”.

Leave a Reply

Your email address will not be published.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

You May Also Like

‘Quick relief’ from soaring inflation, not expected: Asad Umar

Islamabad: On Monday, Asad Umar, Planning and Development Minister rejected any chances…

FBR extends income tax return date

Islamabad: It is reported that FBR has released instructions about extending of…

Gold price soars to record high

Gold prices in Pakistan jumped to an all-time high on Friday, days…

Hezbollah Chief welcomes leaders for missile trade

Beirut: On Feb 16, Lebanon’s Hezbollah leader Sayyed Hassan Nasrallah said that…