ISLAMABAD: Saudi Ambassador to Pakistan Nawaf Saeed Al-Malki visited Prime Minister Imran Khan in Islamabad on Nov. 14 to discuss issues of mutual interest, the Associated press of Pakistan reported.
The meeting came four days after Federal Minister for Finance, Revenue and Economic Affairs Asad Umar revealed, while talking to a group of foreign investors and industrialists in Karachi, that Pakistan will receive $1 billion from Saudi Arabia within two days.
#پاکستانی_وزیر_اعظم جناب #عمران_خان صاحب نے #اسلام_آباد میں اپنے آفس میں محترم سفیر جناب @AmbassadorNawaf کا استقبال کیا، ملاقات کے دوران دونوں برادر ممالک کے درمیان تاریخی تعلقات کا تذکرہ ہوا، اور ان تعلقات کو تمام شعبوں میں مزید مستحکم کرنے پر گفتگو ہوئی. pic.twitter.com/v76tFo6Jbn
— السفارة في باكستان - سعودی سفارت خانہ (@KSAembassyPK) November 14, 2018
During Khan’s visit to the Kingdom in October, an agreement for $6billion bailout plan for Pakistan was signed on the sidelines of the second annual Future Investment Initiative conference in Riyadh.
According to a memorandum of understanding, the Kingdom pledged $3 billion to Pakistan “as balance-of-payment support,” along with a one-year deferred-payment facility for up to $3 billion for oil imports.
Pakistan, which is facing a current-account deficit of $18 billion, has also sought assistance from the International Monetary Fund and other friendly countries to deal with its economic crisis.