Pakistan on Monday signed an agreement with the Saudi Fund for Development to defer a $1.2 billion payment on the country's oil imports by one year, the country's prime minister's office said.
Shehbaz Sharif.
drinking water for 150,000 local people of a district in northwest Pakistan.
Petroleum products, mostly from Saudi Arabia, make up the major chunk of Pakistan's import bill. The Saudi facility to defer the payment can help Islamabad boost its foreign reserves ahead of the first review of a $7 billion IMF bailout in March.
(Reuters)
Read More Details
Finally We wish PressBee provided you with enough information of ( Pakistan signs agreement to defer $1.2 billion payment for oil )
Also on site :
- Stocks rally and oil dips after report says Iran is looking to de-escalate its conflict with Israel
- Oil prices up after reports of 3 ships on fire in Gulf of Oman near the strait of Hormuz
- Ryne Sandberg rookie card, dozens of other items in Illinois treasurer auction