Saudi Arabia renews $100m oil payment facility for Pakistan

(Web Desk): Saudi Arabia has extended its $100 million monthly deferred oil payment facility for Pakistan for another year, confirmed Prime Minister Shehbaz Sharif on Tuesday.

During a federal cabinet meeting in Islamabad, PM Shehbaz shared a letter from Saudi Crown Prince and Prime Minister Mohammed bin Salman, confirming the renewal of support from the Saudi Development Fund.

The Prime Minister expressed deep gratitude, saying, "Saudi Arabia has always supported Pakistan in tough times, and we are thankful to Crown Prince Mohammed bin Salman and the Saudi leadership for their continued help."