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PM thanks Saudi leadership for sending $2b to help secure deal with IMF

Prime Minister has thanked the thanked the Saudi leadership for depositing two billion dollars with the State Bank of Pakistan to help secure a deal with the International Monetary Fund.

He was talking to Saudi Ambassador Nawaf bin Saeed Ahmad Al-Malkiy, who called on him in Islamabad on Tuesday.

Shehbaz Sharif asked the Ambassador to convey his special gratitude to Crown Prince Mohammed bin Salman for the generous and unwavering support for Pakistan. He apprised the Ambassador about the formation of Special Investment Facilitation Council to facilitate and fast-track potential investments from Gulf Cooperation Council states, including Saudi Arabia. He emphasized that mutually rewarding Pakistan-Saudi cooperation in key areas including IT, energy, infrastructure and labour must be fast-tracked and augmented.

Nawaf bin Saeed Ahmad Al-Malkiy, while expressing satisfaction on the current trajectory of bilateral relations between the two brotherly countries, noted that Pakistan and Saudi Arabia are bound in a fraternal relationship marked by mutual trust and understanding, close cooperation, and an abiding tradition of supporting each other through thick and thin.

The Prime Minister reiterated that Pakistan eagerly looks forward to the visit of Saudi Crown Prince Mohammed Bin Salman to Pakistan at his earliest convenience.

Source: Radio Pakistan