Pakistan has received another major financial boost after Saudi Arabia transferred $1 billion into the country’s account, strengthening foreign exchange reserves and providing temporary relief to the economy. The inflow forms part of a broader financial support package designed to stabilise Pakistan’s balance of payments and support overall economic conditions. The State Bank of Pakistan […]
Pakistan economy support
Saudi minister signals support for Pakistan
The Saudi finance minister visited Islamabad on Saturday to signal economic support for Pakistan. The visit comes at a time of regional tensions and fragile economic conditions. The move matters as Pakistan depends heavily on external financial assistance. Mohammed al-Jadaan arrived in Islamabad to express support for Pakistan’s economy. A source said the visit reflects […]
Pakistan rejects misleading claims over UAE financial deposits
The government of Pakistan has rejected what it described as misleading claims regarding financial deposits placed by the United Arab Emirates with the State Bank of Pakistan, clarifying that their repayment follows routine financial arrangements agreed between both countries. Officials stressed that the funds are being returned after reaching maturity under previously established bilateral commercial […]