Saudi Arabia has provided new financial help to Pakistan with an extra $3 billion deposit. It has also extended an existing $5 billion loan. This support is important for Pakistan as it struggles to meet its growing debt payments.Pakistan’s finance minister Muhammad Aurangzeb on Wednesday said Riyadh has committed the fresh $3 billion support, with disbursement expected soon, while also agreeing to extend the tenure of the earlier $5 billion deposit beyond its annual rollover arrangement.
The announcement came on the sidelines of the World Bank–IMF Spring…