Bloomberg Quint: Pakistan Receives Another $1 Billion From Saudi Support Package

In another boost to the nation’s dwindling dollar reserves, Pakistan on Friday received $1 billion from Saudi Arabia. (SPA)
Updated 15 December 2018
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Bloomberg Quint: Pakistan Receives Another $1 Billion From Saudi Support Package

December 14 – Bloomberg Quint report by Ismail Dilawar states that in another boost to the nation’s dwindling dollar reserves, Pakistan on Friday received $1 billion from Saudi Arabia. South Asia’s second-largest economy is expecting its third and final $1 billion tranche from Riyadh next month to help ease Pakistan’s financial crunch, Abid Qamar, a spokesman for the State Bank of Pakistan, told Bloomberg by phone.

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