Prime Minister Shehbaz welcomed the signing of the oil import financing facility, the Prime Minister’s Office (PMO) said in a statement, adding that Pakistan will receive the oil on deferred payment f

The Pakistan government has secured a one-year deferral on a USD 1.2 billion payment for oil imports from Saudi Arabia. This agreement is expected to help stabilize Pakistan's economy by ensuring a steady supply of petroleum while easing immediate financial pressures.

Pakistan and Saudi Arabia on Monday signed a deal for $1.2 billion loan to buy oil on deferred payments, bridging the foreign funding gap that was earlier identified by the International Monetary Fund.

A delegation of Saudi Fund for Development (SFD), led by Sultan bin Abdul Rahman Al-Marshad, Chief Executive Officer (CEO) called on Prime Minister

ISLAMABAD: Pakistan has signed an agreement with the Saudi Fund for Development worth $1.2 billion, paving way for import of Saudi oil on deferred payment for one year.Prime Minister Shehbaz

Pakistan and Saudi Arabia have signed agreements including a USD 1.2 billion deferred payment for oil imports and a USD 41 million water supply projec

Saudi Arabia has granted Pakistan an oil import financing facility, deferring oil payment of $1.2 billion by one year. The Saudi Fund for Development CEO Sultan Bin Abdul Rehman Al Marshad and Kazim Niaz,