Saudi Arabia lends $3 billion to Pakistan as part of economic aid

Pakistan received a $3 billion (over ₹20,000 cr) loan from Saudi Arabia as part of an economic support package, said Pakistan PM's Finance Advisor, Shaukat Tarin. The loan will be for one year at a 4% interest rate and will include a $1.2 billion oil loan facility. This comes after a deal was signed last month in Riyadh.