Good news: Saudi Arabia to deposit US $ 3 Billion into Pakistan's State bank

[mudas777]

Here PM is going country to country for getting $ to stay Pak afloat and there is TLP who wants to finish trade with France and his Ambassador out which would result in loss of GSP+ status.

With right hand we want to built our house while with the left hand we knock all the good work down. Tragedy of our country and zebra democracy.

 

[doorstar]

you can see a lot of hot air on Russia-China-Iran-Pakistan-Turkey alliance. There is nothing wrong with such alliance except it does not solve anything

Pakistan has actually suffered net monetary losses to the tune of billions of US Dollars at the hands of Turks albeit in collusion with corrupt element from the political "leadership" of previous Pak 'gormints'.

as far as Iran is concerned it has caused and is still causing losses to FC.

it is the Arabs and Chinese who keep bailing it out financially. in the past they converted loans to grants, not once, not twice but a number of times. even the country most hated by the PDF "mujhidin" is financing Pakistani social security system namely benzir fund in its entirety.

coming to the Arabs of UAE, they financially backed FWO to reconstruct erstwhile FATA, though PDF woulda preferred the medal that they presented to narendra teli.

strangely tho the ghairatmand PDF warriors "love" palestinians who also honored the bharati leader with medals (and punished their Pakistan envoy for participating in a free kashmir rally in Pakistan).

PDF ki daal mein koochh kala hai

 

[American Pakistani]

These are not solutions. The solution is exports higher than imports.

 

[Pakistan Space Agency]

This is the second time the PTI Government has gone to Saudi Arabia with a begging bowel within three years.

October 2018

Pakistan secures $6B Saudi loan amid Khashoggi murder outrage | CNN

Pakistan's Prime Minister Imran Khan has secured $6 billion in financial support from Saudi Arabia as Riyadh reels from international outrage over the murder of journalist Jamal Khashoggi.

edition.cnn.com

October 2021

Saudi Arabia to support Pakistan with $3bn deposit in SBP

Minister for Information Fawad Chaudhry announced early Wednesday that the Saudi government will be depositing $3 billion into the central bank to support Pakistan's reserves.Chaudhry shared a...

www.thenews.com.pk

 

[One_Nation]

A friend in need is a friend indeed. Pakistanis have recently been disrespectful of the saudis, without seeing their part of the picture. This should show the true patriots, who is the friend. After all the hatred, they help us while iran, after all chamchageeri still backstabs us.

Why does our friendship has to be all about begging for money?

 

[AZADPAKISTAN2009]

Thank you to Saudi Arabia , we hope Saudia becomes a Prominent member in CPEC
My second home away from home = Saudia

 

[cloud4000]

Part of the carrot and stick approach towards Pakistan. Pressure you on FATF, IMF, etc, and tempt you elsewhere like fixed deposits and oil concessions.

Earth!
Well things are not well with MBS. Along with IK, MBS hasn't received a phone call yet - actually it was worse, Biden talked to the King directly instead.

Protocol dictates things here. Why would Biden call MBS in the first place? MBS father is king and ruler of Saudi Arabia. MBS is only a deputy. P

Is MBS trying to spoil US leverage in their ongoing negotiations with Pakistan for ALOC?

Why would he do that? It's obvious US and Saudis are working together on Pakistan, with US being the bad cop and the Saudis the good.

 

[Sayfullah]

Source: https://www.spa.gov.sa/2298917

اقتصادي / المملكة تدعم الاقتصاد الباكستاني بوديعة في البنك المركزي الباكستاني من خلال الصندوق السعودي للتنمية

الرياض 20 ربيع الأول 1443 هـ الموافق 26 أكتوبر 2021 م واس
أعلن الصندوق السعودي للتنمية عن صدور التوجيه الكريم بإيداع مبلغ ثلاثة مليارات دولار لدى البنك المركزي الباكستاني لمساعدة الحكومة الباكستانية على دعم احتياطاتها من العملة الأجنبية ودعمها في مواجهة تداعيات جائحة كورونا.
وأضاف الصندوق، أنه بالإضافة إلى ذلك فقد صدر التوجيه الكريم بتمويل تجارة المشتقات النفطية بمبلغ إجمالي قدره مليار ومئتي مليون دولار خلال السنة.
وبين الصندوق أن هذه التوجيهات الكريمة تؤكد موقف المملكة المستمر في دعم اقتصاد جمهورية باكستان الشقيقة.
// انتهى //
21:27ت م
0222

https://twitter.com/x/status/1453079018761228288

We should have asked them to reconsider the $10 billion oil refinery they were going to set up in Gwadar. We should give them some incentives so they should give up thinking about relocating it to Karachi and instead continue with the original plan of it being in Gwadar.
We should have also asked them to invest $3 billion into Gwadar instead of giving us more loans.
Our focus should be securing investments into Pakistan not getting more loans. $3 billion invested into oil and gas exploration in Pakistan would have made us a oil and gas exporter. US energy information administration estimated we have 9 billion barrels of oil we don’t need to import oil we can be a exporter!

 

[AZADPAKISTAN2009]

As Pakistani, seeing the Generous help from Saudi 3 Billion Dollar is much appreciated
However , Pakistan needs to focus on making correction in our Own economy

Prime Minister Imran Khan's 5 year term has passed or is passing by vary rapidly
The Objectives of putting economy on corrective path needs some effort specially as the impact of Covid is reducing now world wide

Tremendous gesture that Pakistan can get 3 Billion Dollars , from Saudia and this will ensure we will not have to worry about IMF for while

 

[Thorough Pro]

After the last time when they withdrew it abruptly to show their arrogant side, I would have said thanks but NO thanks.

Source: https://www.spa.gov.sa/2298917

اقتصادي / المملكة تدعم الاقتصاد الباكستاني بوديعة في البنك المركزي الباكستاني من خلال الصندوق السعودي للتنمية

الرياض 20 ربيع الأول 1443 هـ الموافق 26 أكتوبر 2021 م واس
أعلن الصندوق السعودي للتنمية عن صدور التوجيه الكريم بإيداع مبلغ ثلاثة مليارات دولار لدى البنك المركزي الباكستاني لمساعدة الحكومة الباكستانية على دعم احتياطاتها من العملة الأجنبية ودعمها في مواجهة تداعيات جائحة كورونا.
وأضاف الصندوق، أنه بالإضافة إلى ذلك فقد صدر التوجيه الكريم بتمويل تجارة المشتقات النفطية بمبلغ إجمالي قدره مليار ومئتي مليون دولار خلال السنة.
وبين الصندوق أن هذه التوجيهات الكريمة تؤكد موقف المملكة المستمر في دعم اقتصاد جمهورية باكستان الشقيقة.
// انتهى //
21:27ت م
0222

https://twitter.com/x/status/1453079018761228288

 

[One_Nation]

their string is all security related, save the kingdom from american "arab springs" and "daesh" conspiracies. america is a big oil producer now. they want to remove big producers like ksA and others so that the world won't have any choice but to buy oil from the u.s. thus becoming enslaved to them. won't happen so as long as big oil producers like ksA, iran and Russia are around. Russia they can't mess with. but ksA and iran, they can mess with big time.

Do you know this as a fact or just imagining?
Its a joke to say Pakistan can provide security to Saudi Arabia specially from its own people. Any revolutionaries will take out foreign servants before they go after their rulers.
America does not want any spring there. They have their bases and taking free oil from that country. The regime is a puppet of USA and supports Israel against Iran. What else could Americans want?

 

[PK784]

Source: https://www.spa.gov.sa/2298917

اقتصادي / المملكة تدعم الاقتصاد الباكستاني بوديعة في البنك المركزي الباكستاني من خلال الصندوق السعودي للتنمية

Hardly good news. This is just financing that can only be used to buy Saudi oil. Money will have to be repaid with interest.

If relationship was strong, we would be getting aid.

 

[GumNaam]

Hardly good news. This is just financing that can only be used to buy Saudi oil. Money will have to be repaid with interest.

If relationship was strong, we would be getting aid.

We really need to get outta this "aid" mindset...the right way should be to use the 4.3 billion to generate a GDP growth of 10 billion, pay back the 4.3 billion with interest (if any) and then still register a net growth. give up that aid mentality please.

 

[Hakikat ve Hikmet]

As Pakistani, seeing the Generous help from Saudi 3 Billion Dollar is much appreciated
However , Pakistan needs to focus on making correction in our Own economy

Prime Minister Imran Khan's 5 year term has passed or is passing by vary rapidly
The Objectives of putting economy on corrective path needs some effort specially as the impact of Covid is reducing now world wide

Tremendous gesture that Pakistan can get 3 Billion Dollars , from Saudia and this will ensure we will not have to worry about IMF for while

IMF’s suggestions aren’t that bad for the fiscal discipline to maintain without any political bias…

 

[Norwegian]

Won't come without strings...

Before PM Imran Khan everything came without strings. Shame on you Imran Khan for your begging with strings

What has Pakistan agreed to in return? Must be something related to Iran or Afghanistan.

Pakistan has agreed to not demand return of your Mian Mafroor in return

This is the second time the PTI Government has gone to Saudi Arabia with a begging bowel within three years.

Of course Pakistan never used a begging bowl before Imran Khan became PM: Bughaz Imranis

Why does our friendship has to be all about begging for money?

Because PAKISTAN was left bankrupt by Pmln experienced team in 2018