Saudi Arabia Finance Minister says extending US$3b deposit to Pakistan
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A long-standing friend of Pakistan, Saudi Arabia has come forward to stable Pakistani economy as it has started considering extending the date of its deposited US$3 billion in Pakistani bank.
According to the 24News HD TV channel, Saudi Arabia Finance Minister Mohammed bin Abdullah Al-Jadaan has said they are currently finalizing an extension of three billion dollars in deposits.
The Saudi Arabia Finance Minister while talking to Reuters during a meeting of the World Economic Forum in Davos said Pakistan is an important ally and his country will stand by it.