Pakistan, KSA vow to fast-track $5bn Saudi package

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Pakistan and Saudi Arabia have affirmed their commitment to expediting the first wave of an investment package worth $5 billion and also emphasised the Kingdom’s supportive role in Pakistan’s economy and the mutual desire to strengthen trade and investment ties.

The understanding was reached during an official meeting of Prime Minister Shehbaz Sharif with Saudi Crown Prince Mohammad bin Salman that took place at Al-Safa Palace in Makkah Al-Mukarramah on 7 April 2024, according to a joint statement issued here on Monday. It stated that the discussions centred on fortifying the fraternal relations between the two brotherly nations and exploring avenues for enhanced collaboration across various sectors.

Read more: https://www.brecorder.com/news/40297912/pakistan-ksa-vow-to-fast-track-5bn-saudi-package

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