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Kingdom announces study to increase investment in Pakistan

by Ayaz Ahmet
July 3, 2023
in World
1 min read
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His Royal Highness Prince Muhammad ibn Salman ibn Abdulaziz Al Saud, Crown Prince and Prime Minister, may God protect him, has commissioned a study to increase the Kingdom’s investment in the sister Islamic Republic of Pakistan, which was previously announced on 27 January 1444 AH. until August 25, 2022 AD to reach ten billion dollars, and that the Saudi Development Fund should consider increasing the amount of the deposit provided by the Kingdom of Saudi Arabia to the Central Bank of Pakistan, which was previously announced to be extended on 05/08/1444. Hijri, which corresponds to December 2, 2022 AD, up to five billion dollars, as confirmation of the position of the Kingdom in support of the economy of the Republic of Pakistan, Islamic Pakistan and its brotherly people. took place within the framework of the existing relationship between His Highness – God bless him – and the Prime Minister of Pakistan, Mr. Muhammad Shahbaz Sharif.

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