— SBP (@StateBank_Pak) December 2, 20222/2 Extension of term of the deposit is a continuation of support provided by the government of Kingdom of Saudi Arabia to Islamic Republic of Pakistan. PM thanks Saudi ArabiaPrime Minister Shehbaz Sharif on Friday thanked the leadership and the government of Saudi Arabia for extending the term of the deposit of $3 billion with the State Bank of Pakistan. "Once again, Saudi Arabia has played the role of an elder brother, and manifested its unprecedented love for Pakistan," he remarked in a statement. The prime minister said the extension in the term of $3 billion deposit would help improve Pakistan's economic situation. In implementation of the directives of the Custodian of the Two Holy Mosques & HRH Crown Prince & Prime Minister & in support of the economy of the Islamic Republic of #Pakistan; #SFD extends the term of the $3 billion deposit provided by #KSA to the @StateBank_Pak.

Source: The Express Tribune December 03, 2022 06:33 UTC