Wednesday, November 11, 2026
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Saudi debt of three billion dollars 'rollover': Why did the deposits of friendly countries become an important part of Pakistani economy?

Hamza FarooqFinancial & Markets Correspondent • Islamabad / Lahore Bureau
Saudi debt of three billion dollars 'rollover': Why did the deposits of friendly countries become an important part of Pakistani economy?

📌 Key Highlights & Quick Takeaways:

  • Pakistan's Federal Finance Minister Muhammad Aurangzeb has announced that Saudi Arabia has rolled over its three billion dollars in Pakistan.
  • The finance minister told the media in the parliament that Saudi Arabia has rolled over the three billion dollars given to Pakistan in April.
  • He said, "I had a very good meeting with the Saudi finance minister, we don't need to worry about the kind of relations we have with Saudi A.

Pakistan's Federal Finance Minister Muhammad Aurangzeb has announced that Saudi Arabia has rolled over its three billion dollars in Pakistan's foreign exchange reserves "for a reasonable period".

The finance minister told the media in the parliament that Saudi Arabia has rolled over the three billion dollars given to Pakistan in April this year.

He said, "I had a very good meeting with the Saudi finance minister, we don't need to worry about the kind of relations we have with Saudi Arabia."

He said that there is no need for further support from Saudi Arabia at present and "we have three months of import cover".

The finance minister also said that earlier in a meeting with Saudi officials on the sidelines of World Bank and IMF meetings in Bangkok recently, he has extended the deposit facility of five billion dollars till 2028.

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Hamza Farooq

News Desk

Verified editorial report by The Urdu Post newsroom, compliant with journalistic ethics and verification standards.