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Saudi Development Fund Extends $3 Billion Deposit for Pakistan, Strengthening Bilateral Ties
The Saudi Development Fund has extended its $3 billion deposit for Pakistan for another year, reinforcing strong bilateral ties and offering continued financial support. A true testament to the enduring friendship between the two nations.
ND
by News Desk
2024-12-05
Saudi Development Fund Extends $3 Billion Deposit for Pakistan, Strengthening Bilateral Ties

Islamabad, Pakistan – The Saudi Development Fund has extended its $3 billion deposit for another year, according to the State Bank of Pakistan.

Originally due to expire today, the extension marks the third renewal of the deposit, which was first received in 2021.

The State Bank emphasized that the extension reflects the enduring friendly relations between Saudi Arabia and Pakistan, highlighting the continued financial support amidst Pakistan’s economic challenges.

This gesture is seen as a reaffirmation of the strong ties and partnership between the two nations.
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Pakistan

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