PM Khan thanks Saudi Arabia for $3 billion financial support to Pakistan and financing $1.2bn refined petroleum products

The Prime Minister Imran Khan has thanked the Kingdom of Saudi Arabia for its three billion dollars financial support to Pakistan and said that this budgetary support will help the balance of payment of Pakistan in the backdrop of rising commodity prices globally.

According to details, the Prime Minister has made these remarks during an interview with Saudi Arabia’s Al-Riyadh newspaper published on Sunday. He said that he is extremely grateful to Saudi Arabia on the recent announcement to deposit three billion US dollars and financing 1.2 billion dollars refined petroleum products during the year.

Also read: PM Imran Khan performs Umrah in Makkah

Imran Khan further stated that Saudi Arabia’s Vision 2030 provides opportunities to Pakistan to engage with it in realizing Naya Pakistan’s ambitious plan. He said there are significant complementarities in the socio-economic fundamentals of the “Naya Pakistan” and the Saudi Vision 2030.

The Premier said that both lay emphasis on economic opportunity and diversity, domestic growth, modernization and development, and trade linkages and connectivity. He said Pakistan can contribute skilled and semi-skilled manpower with Saudi Arabia besides sharing its expertise in other sectors like IT, infrastructure development, and agriculture.

“Pakistan and Saudi Arabia had long-standing and historic fraternal relations, rooted deep in common faith, shared history and mutual support. Saudi Arabia has always extended generous support to Pakistan in its difficult times. Both countries have stood by each other, through thick and thin, regardless of the change in leadership,” he added.

2 thoughts on “PM Khan thanks Saudi Arabia for $3 billion financial support to Pakistan and financing $1.2bn refined petroleum products

Comments are closed.

ArabicEnglishUrdu