Pakistan signs agreement to defer USD 1.2 billion payment for Saudi oil

Tuesday, 4 February 2025 (5 days ago)
Pakistan and Saudi Arabia have signed agreements including a USD 1.2 billion deferred payment for oil imports and a USD 41 million water supply project. This deal aims to bolster Pakistan's economy by ensuring a steady petroleum supply while easing immediate fiscal pressures. Prime Minister Shehbaz Sharif and Saudi dignitaries witnessed the signing.

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Pakistan signs agreement to defer USD 1.2 billion payment for Saudi oil

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