Source-linked briefing Business

Saudi Arabia Rolls Over $5 Billion for Pakistan, Easing Financing Needs

Saudi Arabia Rolls Over $5 Billion for Pakistan, Easing Financing Needs

Pakistan’s central bank governor said Saudi Arabia has rolled over a $5 billion deposit for three years. The move reduces Pakistan’s gross external financing requirements to about $21.5 billion for the fiscal year, according to the report.

Original headline

KSA rolled over $5 billion for three years, SBP Governor