Pakistan, Saudi Fund for Development

Pakistan to defer $1.2bn oil payment to Saudi to boost forex reserve ahead of IMF review
Prime Minister Shehbaz welcomed the signing of the oil import financing facility, the Prime Minister’s Office (PMO) said in a statement, adding that Pakistan will receive the oil on deferred payment f
Saudi Arabia defers Pakistan’s oil dues ahead of IMF review
Saudi Arabia has granted Pakistan an oil import financing facility, deferring oil payment of $1.2 billion by one year. The Saudi Fund for Development CEO Sultan Bin Abdul Rehman Al Marshad and Kazim Niaz,
Pakistan signs agreement to defer $1.2 billion payment for Saudi oil
Pakistan on Monday signed an agreement with the Saudi Fund for Development to defer by one year a $1.2 billion payment on the country's oil imports, the country's prime minister office said. Pakistan'
S Arabia to provide oil worth $1.2b to Pakistan on deferred payment
Pakistan and Saudi Fund for Development (SFD) on Monday signed two financing agreements worth over one billion dollar.These agreements include 'Deferred Payment for Oil Import from Saudi Arabia' worth 1.
Pakistan seals $1.2 billion Saudi oil deal
Pakistan and Saudi Arabia on Monday signed a deal for $1.2 billion loan to buy oil on deferred payments, bridging the foreign funding gap that was earlier identified by the International Monetary Fund.
Saudi Fund for Development signs $1.2 billion financing agreement with Pakistan for oil imports
The Saudi Fund for Development (SFD) Chief Executive Sultan Al-Marshad and Pakistani Secretary for Ministry of Economic Affairs Dr. Kazim Niaz signed a $1.2 billion financing agreement for the import of oil derivatives.
Pakistan, Saudi Arabia ink two financing agreements worth over $1b
Pakistan and Saudi Fund for Development have signed two financing agreements worth over one billion dollar.These agreements include "Deferred Payment for Oil Import from Saudi Arabia" worth 1.2 billion dollar for one year and "Construction of Gravity Flow Water Supply Scheme" at Mansehra amounting to 41 million dollar.
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Pakistan Exports Uncompetitive After Gas Price Hike: Report
Pakistan's gas price hike for industries has made exports uncompetitive, jeopardizing the USD 60 billion export target and threatening investment in manufacturing. The move, though meeting IMF ...
Pakistan exports become uncompetitive after gas prices doubled: Report
Pakistani exports at risk as government doubles gas prices, jeopardizing $60 billion export target and increasing ...
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Pakistan’s Exporters Struggle As Gas Prices Nearly Doubles, Making Industries Uncompetitive Against India, Vietnam And Bangladesh
Pakistan’s export sector is facing a major setback after the government doubled gas prices for in-house power generation, ...
Pakistan cannot risk exiting IMF programme with USD 100 billion external financing needs: Minister
Islamabad, Jan 30 (PTI) A minister said Pakistan cannot afford the risk of exiting the International Monetary Fund (IMF) ...
Samaa4d
IMF team to visit Pakistan twice before June for economic review
The IMF delegation is set to visit Pakistan twice before June to review economic performance and discuss key financial ...
US introduces bipartisan bill to secure Taiwan's membership in IMF
The bill urges the IMF to allow Taiwan to take part in its activities, offer employment opportunities for Taiwanese citizens, ...
devdiscourse2d
Pakistan's Inflation Plummets to Historic Lows: A Turning Point?
Pakistan's consumer inflation rate dropped to 2.4% in January, the lowest in over nine years, aided by currency stability and ...
Samaa7d
IMF team to evaluate Pakistan’s economic progress next month
Finance Minister Muhammad Aurangzeb had previously indicated that an IMF delegation would visit Pakistan next month.
Business Recorder2d
IMF review: challenges, and uncertainties
The IMF review mission is expected to arrive by the end of February to conduct the first semi-annual review of ...
devdiscourse1d
Sharif's Vision: Propelling Pakistan's Economy Forward
Pakistan's Prime Minister Shehbaz Sharif reiterated his commitment to economic growth, highlighting reduced inflation and ...