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Pakistan receives $3 bn from KSA

December 05, 2021
Pakistan receives $3 bn from KSA

KARACHI: Pakistan on Saturday received a $3 billion deposit from Saudi Arabia, the prime minister’s finance adviser said, which will help shore up the country’s foreign currency reserves and stabilise the local currency.

“Good news, $3 billion Saudi deposit received by SBP. I want to thank His Excellency Crown Prince Mohammed Bin Salman and Kingdom of Saudi Arabia for the kind gesture,” Shaukat Tarin said in a Tweet.