Pakistan returns $1 bn to Riyadh

By News Desk
August 08, 2020

ISLAMABAD: Pakistan returned $1 billion out of $3 billion which were taken from Saudi Arabia and this amount was taken from China. It was stated by Shahzeb Khanzada in his Geo News programme on Friday.

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Minister for Foreign Affairs Shah Mehmood Qureshi thanked Saudi Arabia when he was asked about return of $1 billion to Saudi Arabia. Qureshi said Saudi Arabia came to Pakistan’s help when Pakistan was in the financial crunch. He said that talks with IMF were going on to get $6 billion loan and at that time, Saudi Arabia came forward to support Pakistan. He said that he thanked Saudi Crown Prince Mohamed Bin Salman.

He said that S Arabia is also facing economic pressure due to fall in oil prices and Pakistan is well aware of S Arabia’s problems and Pakistan stands by its brotherly country in this hour of need.

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