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SAUDI ARABIA SIGNED TWENTY BILLION DOLLARS ($20 BILLION) DEALS WITH PAKISTAN TO HELP BOLSTER PAKISTAN FRAGILE ECONOMY.

SAUDI ARABIA SIGNED TWENTY BILLION DOLLARS ($20 BILLION) DEALS WITH PAKISTAN TO HELP BOLSTER PAKISTAN FRAGILE ECONOMY.

Our (Viewers Corner News) correspondent in Islamabad gathered that Saudi Arabia has signed $20 billion deals with Pakistan. According to the report, the deals include $8 billion funding of the country’s oil refinery in the city of Gwadar. Also the two countries signed provisional agreements and memorandums of understanding in the energy, petrochemicals and mining sectors. This will bolster the fragile economy of Pakistan which Prime Minister Imran Khan is seeking help from friendly countries in order to reduce the size of bailout package the country needs from the International Monetary Fund. Pakistan is the first stop of Saudi Arabia’s Crown Prince Mohammed bin Salman who is on Asia tour. The crown prince is expected to visit India on Tuesday, then China on Thursday and Friday.

Source: Viewers Corner News.

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