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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Mohammed al-Mutairi

Saudi Arabia Supports Pakistan’s Economy with $20 Bn in 4 Years

Pakistan Economy Saudi Arabia Asharq AlAwsat Covid-19 Islamabad Riyadh
Saudi Arabia and Pakistan officials signed oil and energy derivatives financing contracts last week (Asharq Al-Awsat)

Saudi support for the Pakistani economy constituted a safety valve for its stability and continuity, allowing it to face economic repercussions.

Asharq Al-Awsat monitored recent agreements between Riyadh and Islamabad, revealing that Saudi support has doubled in the last four years, exceeding $21.64 billion, in a diversified portfolio including aid, support, investment, and deposits.

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