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HomeBusinessSaudi Arabia pledges $3bn fresh deposit, extends $5bn facility through 2028

Saudi Arabia pledges $3bn fresh deposit, extends $5bn facility through 2028

Saudi Arabia has pledged an additional $3 billion in deposits for Pakistan and has extended its existing $5 billion facility for a further three years, Finance Minister Muhammad Aurangzeb announced in Washington. He added that the existing $5 billion Saudi deposit would no longer be subject to the previous annual rollover arrangement and would instead be extended for a longer term. More to follow

Read full story on Dawn

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