According to the reports, Saudi Arabia is planning to renew the kingdom’s $3 billion deposit with Pakistan, as the cash-strapped country desperately strives for financial assistance. The report in Bloomberg noted that apart from renewing the deposits with the State Bank of Pakistan as soon as this week (SBP), Saudi Arabia was also considering providing further financial help. “The kingdom also plans to provide $100 million a month for 10 months in petroleum products that will be granted as additional support,” the publication quoted the sources.

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