Pakistan secures $3 billion from Saudi Arabia to stabilize foreign reserves
Saudi Arabia provided Pakistan with $3 billion in funding, which is critical for stabilizing the country's foreign reserves. This aid arrives as Islamabad prepares for a major loan repayment obligation to the UAE.
Riyadh's funding comes at a critical moment for Islamabad as it prepares for a $3.5 billion loan repayment to the UAE. The funding is expected to help stabilize Pakistanโs foreign reserves.