Pakistan Seeks $6.7 Billion Saudi Oil Facility to Ease External Financing Pressures
Pakistan has requested a 15-year concessional oil financing facility from Saudi Arabia, with Finance Minister Muhammad Aurangzeb discussing the revival of deferred oil payments with the Saudi Fund for Development.
Aurangzeb briefs Saudi finance minister on PIA and airport privatisation plans amid reform push
Finance Minister Muhammad Aurangzeb met Saudi Finance Minister Mohammed bin Abdullah Al-Jadaan on the sidelines of IMF and World Bank meetings to discuss Pakistan’s privatisation of PIA and major airports, and to seek Saudi investment support in key sectors.