Saudi Arabia has decided to extend the term of its $3 billion safe deposit in assistance to Pakistan.
According to the statement issued by SBP, Saudi Arabia has extended its term of $3 billion placed with Pakistan for another year, reports a news channel.
“The Saudi Fund for Development on behalf of the Kingdom of Saudi Arabia has extended the term for the deposit of USD 3.00 billion maturing on December 5, 2024 for another year” SBP added.
The said amount has been placed with the central bank on behalf of Pakistan.
