Finance Minister Aurangzeb is negotiating a deferred oil payment facility with Saudi Arabia, aiming to secure a stable supply whil...
Finance Minister Aurangzeb negotiates deferred oil payment facility with Saudi ArabiaPakistan has requested a loan of $1.75 billion from the Islamic Trade Finance Corporation , the Islamic Development Bank , and Standard Chartered Bank .
Additionally, $350 million is requested from IDB for project financing, while $1 billion is sought from Standard Chartered for infrastructure development and other sources. The Finance Minister expressed optimism about concluding talks with the International Monetary Fund on external financing soon, adding that discussions with the IMF Executive Board for the approval of the loan program are progressing well.
Finance Minister Aurangzeb Saudi Arabia Oil Agreement Pakistan Oil Payment Plan Oil Negotiations Pakistan Saudi Deferred Oil Payments
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