Saudi Arabia gives Pakistan $3 billion support and extends loan terms

Just read that Saudi Arabia has pledged an additional $3 billion to Pakistan and extended its existing $5 billion loan. This is to ease Pakistan's external financing pressure and help boost its forex reserves. The finance minister said this timely support provides 'important momentum and confidence' for the economy. Pakistan's external debt is around $138 billion, and they've successfully repaid a $1.4 billion Eurobond last week, calling it a 'non-event'. The country aims to build reserves to $18 billion by the fiscal year end. https://www.thenationalnews.com/business/economy/2026/04/15/saudi-arabia-extends-3-billion-support-to-pakistan-to-ease-debt-pressure/