The SBP stated that Saudi Arabia's decision will help strengthen Pakistan's foreign exchange reserves and contribute to the country's economic development and progress. Saudi Arabia has provided this relief to Pakistan through the Saudi Fund for Development (SFD).

New Delhi: Saudi Arabia has once again come forward to rescue Pakistan, which is facing economic difficulties. Saudi Arabia has extended the maturity of its $3 billion deposit held with the State Bank of Pakistan (SBP) for another year. This will help strengthen the country’s foreign exchange reserves amidst ongoing liquidity challenges.

According to the Express Tribune, this decision by Saudi Arabia will strengthen Pakistan’s foreign exchange reserves and accelerate economic growth. Following Saudi Arabia’s move, the State B

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