الصندوق السعودي للتنمية | Saudi Fund for Development
February 3, 2025 at 03:33 PM
Following the directives of the Saudi wise leadership, and in the presence of the Prime Minister of the Islamic Republic of Pakistan H.E Shehbaz Sharif, #sfd CEO Mr. Sultan Al-Marshad signed today an agreement with Pakistan’s Secretary Ministry of Economic Affairs, Dr. Kazim Niaz, to finance oil derivatives worth USD 1.2 billion for #pakistan. The ceremony was attended by Pakistan’s Deputy PM, Ministers, the Saudi Ambassador to Pakistan and government officials from both sides.
The agreement aims to support the economy of #pakistan, enhance sector growth, navigate economic challenges, and build a sustainable economy. It comes as a continuation of the support provided by Saudi previously since 2019 to finance oil derivatives, bringing the total today to USD 6.7 billion
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