Pakistan's $3 billion Saudi loan term prolonged, FM confirms
At Parliament House, the finance minister said bilateral talks prolonged the kingdom's credit line, with no fresh funds sought and reserves covering about three months of imports.
Finance Minister Muhammad Aurangzeb said a $3 billion Saudi facility for Pakistan has been prolonged.
He spoke at Parliament House after talks with his Saudi counterpart and said no extra funds are needed now.
He said foreign reserves can cover roughly three months of imports.
Officials aim to spread overseas repayment deadlines rather than bunch them in one year.