RIYADH — Pakistani Prime Minister Shehbaz Sharif announced on Wednesday that his country had successfully repaid $3.5 billion of its mandatory bilateral debt, saying that this achievement was made possible because of the pivotal support extended by Saudi Arabia. He thanked Custodian of the Two Holy Mosques King Salman and Crown Prince and Prime Minister Mohammed bin Salman for the critical support that contributed to bolster its economy.
Sharif confirmed the stability of foreign exchange reserves at their current level despite the payment of international obligations. “This repayment did not affect the stability of foreign exchange reserves but rather strengthened market confidence in Pakistan’s ability to meet its international…
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