Saudi Arabia pledges additional $3 billion support to Pakistan Today World News

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Pakistan Prime Minister Shehbaz Sharif and Saudi Crown Prince Mohammed bin Salman. File
| Photo Credit: via Reuters

Saudi Arabia has pledged an additional financial support of $3 billion to Pakistan and also extended an existing $5 billion facility for three years, local media reported. 

The support comes at a crucial juncture as Islamabad prepares to repay $3.5 billion to the United Arab Emirates (UAE) this month and faces pressure on its foreign exchange reserves.

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Saudi Arabia pledges additional $3 billion support to Pakistan