Saudi Arabia helped Pakistan State Bank after Imran Khan's visit. By Lokmat English Desk | Published: October 28, 2021 10:22 AMOpen in App1 / 10Saudi Arabia Help To Pakistan State Bank: Pakistan's economy is currently in shambles. Pakistan's Prime Minister Imran Khan has been disappointed to get a loan from the World Bank to the International Monetary Fund (IMF).2 / 10After frustration from all quarters, Pakistan's Prime Minister Imran Khan finally ran to Saudi Arabia's Crown Prince Mohammed bin Salman. Meanwhile, the State Bank of Pakistan will raise 3 billion to help its foreign exchange reserves.3 / 10At a time when Pakistan's economy is on the verge of bankruptcy, Saudi Arabia has given Pakistan a big relief. For the last several days Pakistan has been trying to get a loan.4 / 10According to Pakistani news channel Geo News. An official directive has been issued by the Saudi fund, the fund said. Under this, 1.2 billion will be provided to Pakistan this year to finance the trade in oil products5 / 10Pakistan's Minister of Energy Fawad Chaudhry and Energy Minister Hamad Azhar have confirmed that the aid will be provided to Pakistan by Saudi Arabia. This has put pressure on trade and foreign exchange funds due to the rise in global commodity prices.6 / 10Earlier in May, Fawad Chaudhry had said that Saudi Arabia had agreed to resume crude oil facilities for Pakistan. Imran Khan had requested oil supplies to Saudi Arabia during his second visit.7 / 10Pakistan was hit hard by the International Monetary Fund (IMF). They did not allow Pakistan to lend 1 billion. To persuade the IMF, the Imran Khan government also hiked electricity and petrol-diesel prices.8 / 10IMF denied tending the loan to the Pakistan government. After that, Imran Khan once again had to spread his arms in front of Saudi Arabia. Meanwhile, the International Monetary Fund (IMF) has pledged 6 billion to help the sinking economy following the intervention of the Pakistani government.9 / 10According to Pakistani media, there was no discussion between the Pakistani government and the IMF. Earlier, the Imran Khan government had promised not to take loans from abroad.10 / 10The Imran Khan government has admitted in Parliament that every Pakistani citizen now owes Rs 1.75 lakh. Debt to Pakistan has risen sharply in the last two years. Read More Subscribe to Notifications