The impacts of another Saudi Bailout Package to Pakistan.
State Bank of Pakistan (SBP) has confirmed a second $1 billion bailout package from Saudi Arabia.
A brief history:
Country’s total debt:
PM’s visit to Saudi Arabia:
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The impacts of Saudi Bailout Package:
The package is going to boost the economic activities in Pakistan. With one billion dollars flowing into the country, it will give the economy a boost.
It will also give a positive signal to other investors. When they see a major investor like Saudi Arabia investing in Pakistan, they will also be encouraged to do so.