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Why Saudi Arabia is extending $3 bn lifeline to Pak: Reasons Riyadh continues to bankroll Islamabad’s struggling economy

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Why Saudi Arabia is extending $3 bn lifeline to Pak: Reasons Riyadh continues to bankroll Islamabad’s struggling economy
Photo / Coverage: Livemint - News
EXECUTIVE SUMMARY

Saudi Arabia has extended a $3 billion financial support to Pakistan, offering Islamabad relief from external debt pressures. The rollover highlights deepening strategic ties between the two countries, amid expanding defence cooperation and the Makkah trilateral defence pact.

Key Takeaways

  • Why Saudi Arabia is extending $3 bn lifeline to Pak: Reasons Riyadh continues to bankroll Islamabad’s struggling economy.
  • Saudi Arabia has extended a $3 billion financial support to Pakistan, offering Islamabad relief from external debt pressures.
  • The rollover highlights deepening strategic ties between the two countries, amid expanding defence cooperation and the Makkah trilateral defence pact.

Saudi Arabia has extended a $3 billion financial support to Pakistan, offering Islamabad relief from external debt pressures. The rollover highlights deepening strategic ties between the two countries, amid expanding defence cooperation and the Makkah trilateral defence pact.

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