According to a Turkish news agency, Saudi Arabia and Qatar may provide Pakistan with a potential financial assistance package worth around $5 billion, which is being described as an important step toward stabilizing Pakistan’s foreign exchange reserves.
The report states that Pakistan is currently facing its biggest immediate financial pressure in the form of a repayment of approximately $3.5 billion to the United Arab Emirates, which must be completed by the end of April. This amount is linked to previously received financial support and deposits.
Sources suggest that if this payment is not made on time, it could negatively affect Pakistan’s financial credibility, investor confidence, and the value of its currency.
In this context, the possible financial assistance from Saudi Arabia and Qatar is being seen as a crucial support for Pakistan.
The report further states that this assistance may come in different forms, including central bank deposits, soft loans, and deferred payments in the energy sector.