Pakistan Gets Green Signal for $8 Billion Package

  • by Sharoon Jan
  • 2 months ago
  • News
  • 1
Pakistan Gets Green Signal for $8 Billion Package

Pakistan has been given a green signal from friendly counties to provide investment and funding.

According to sources within the finance ministry, there have been positive indications of an economic package with $8 billion from friendly countries. Among these friendly countries China, Saudi Arabia, United Arab Emirates, and Qatar are leading.

They further say that significant progress has been made in the negotiations between Pakistan and Saudi Arabia, and there is a possibility of doubling the oil facility on deferred payment from Saudi Arabia.

The oil facility will increase from 1.2 billion dollars to 2.4 billion dollars. There is also a possibility of getting safe deposits from Saudi Arabia.

Minister of State Ayesha Gous Pasha said that the brotherly country has informed Pakistan in this regard. But the official announcement will be made by it.

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