Tuesday, December 24, 2024

Saudi Arabia Plans to Invest $15 Billion in Pakistan as Muhammad Bin Salman Meets PM Shehbaz Sharif

Mohammad bin Salman, The Crown Prince of the Kingdom of Saudi Arabia recently instructed Saudi Development Fund to raise the Saudi investment and deposits in Pakistan to $15 billion.

As per KSA’s sources, considering the number of deposits in SBP (State Bank of Pakistan) to $5 billion, Mohammad bin Salman ordered.

Furthermore, it was also planned to invest $10 billion in Pakistan.

It was also confirmed that the order came after the discussion between Prime Minister Shahbaz Sharif and MBS.

Earlier year, Saudi Arabia had announced an investment of $1bn in Country.

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