Crown Prince and Prime Minister, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud has directed to study augmenting the Kingdom of Saudi Arabia’s investments in the sisterly Pakistan which have previously been announced on August last year to reach $10 billion.
According to a press release, the Crown Prince also directed the Saudi Development Fund (SDF) to study increasing the amount of the deposit provided by the Kingdom of Saudi Arabia in favor of the Central Bank of Pakistan (CBP) which have previously been extended on December 2, 2022 to hit a $5billion ceiling, confirming the Kingdom’s position supportive to the economy of the Islamic Republic of Pakistan and its sisterly people.
This came within the framework of the existing communication between the Crown Prince and Muhammad Shehbaz Sharif, Prime Minister of Pakistan.
