Saudi Crown Prince Muhammad bin Salman has directed to review the increase of the kingdom's investment in Pakistan to 10 billion dollars.
According to the state news agency SPA, Prince Mohammed bin Salman also directed the Saudi Fund for Development to review the increase of Saudi deposits in the Central Bank of Pakistan to $5 billion.
The investment in Pakistan was announced earlier in August. Saudi deposits in the Central Bank of Pakistan were extended in December.
According to SPA, the directives of the Saudi Crown Prince reaffirm the Kingdom's stance in supporting Pakistan's economy and its people.
Remember, on August 25, 2022, Saudi King Salman bin Abdulaziz issued an order to invest one billion dollars in Pakistan.
According to SPA, the order was a reiteration of the state's support to Pakistan's economy and its people.
On December 2, 2022, the Saudi Fund for Development extended the deposit of three billion in the State Bank of Pakistan to facilitate Pakistan in dealing with its economic challenges.
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