Coming Up Mon 9:00 PM  AEDT
Coming Up Live in 
Live
Punjabi radio
SBS PUNJABI

Pakistan Diary: Saudi government pledges $3 bn aid to support economy

Saudi Arabia's Crown Prince Mohammed bin Salman, left, listens to Pakistani Prime Minister Imran Khan during a meeting in Islamabad. (AP) Source: Press Information Department

With the Saudi Arabia government agreeing to revive financial aid to Pakistan, Prime Minister Imran Khan thanked its ally for stepping up for Islamabad in its difficult times. This and more in our weekly news update from Pakistan.

Saudi Arabia has pledged to provide $3 billion in assistance to Pakistan, giving relief to the South Asian nation at a time when its foreign exchange reserves are dwindling fast.

The Saudi Fund for Development said that an official directive was also issued to supply $1.2 billion to finance Pakistan's oil products trade during the year.

Prime Minister Khan thanked Crown Prince Mohammad bin Salman for the generous aid at a time when the country's economy was facing difficulties.

The relief is expected to help Pakistan convince the International Monetary Fund (IMF) about its financing plan.

Click on the player above to listen to this update in Punjabi.

Listen to SBS Punjabi Monday to Friday at 9 pm. Follow us on Facebook and Twitter

Coming up next

# TITLE RELEASED TIME MORE
Pakistan Diary: Saudi government pledges $3 bn aid to support economy 03/11/2021 08:00 ...
SBS Punjabi Australia News: Friday 21st Jan 2022 21/01/2022 08:30 ...
India extends ban on international commercial flights till Feb 28 21/01/2022 07:38 ...
SBS Punjabi Australia News: Thursday 20 Jan 2022 20/01/2022 11:15 ...
Pakistan Diary: 'Drone attack' in Abu Dhabi kills one Pakistani and two Indian nationals 20/01/2022 06:59 ...
RAT kit pricing 'beyond outrageous': ACCC 20/01/2022 06:36 ...
Big boss fame Jasmin Bhasin and Gippy Grewal’s ‘Honeymoon’ is spoilt by their families 20/01/2022 05:00 ...
SBS Punjabi Australia News: Wednesday 19th Jan 2022 19/01/2022 10:00 ...
‘Day by day’: Businesses welcome extra work hours for international students but call for more arrivals 19/01/2022 14:26 ...
How has the pandemic changed children? 19/01/2022 09:38 ...
View More