{"id":2477,"date":"2018-10-24T09:17:24","date_gmt":"2018-10-24T09:17:24","guid":{"rendered":""},"modified":"2018-10-24T09:17:24","modified_gmt":"2018-10-24T09:17:24","slug":"the-kingdom-has-pledged-to-give-us-3-billion-in-support-to-pakistan-to-help-it-prevent-a-budget-crisis","status":"publish","type":"post","link":"https:\/\/lovin.co\/riyadh\/en\/future-investment-initiative\/the-kingdom-has-pledged-to-give-us-3-billion-in-support-to-pakistan-to-help-it-prevent-a-budget-crisis\/","title":{"rendered":"The Kingdom Has Pledged To Give US $3 Billion In Support To Pakistan To Help It Prevent A Budget Crisis"},"content":{"rendered":"
\n
<\/div>\n<\/div>\n

The Kingdom has pledged $ US 3 billion to support Pakistan and allow for a deferred oil payments to help refrain it off a budget crisis.<\/p>\n

According to Arab News, <\/a><\/em>the deal was a direct result of Pakistani Prime Minister Imran Khan’s attendance <\/a>at the opening of the Future Investment Initiative (FII) in Riyadh on Tuesday.<\/p>\n

(Image Credits: Instagram\/ @imrankhan.pti)<\/em><\/p>\n

Khan met with The Custodian of the Two Holy Mosques, King Salman and Crown Prince MBS prior to the conference<\/h4>\n

For Khan’s second visit to the Kingdom, he met with King Salman and MBS to discuss bilateral issues. During his visit, “it was agreed that Saudi Arabia will place a deposit of $3 billion for a period of one year as balance of payment support,” according to a statement from the Pakistan Foreign Ministry.<\/p>\n

The arrangement between the two countries states that a one-year deferred payment facility for import of oil, up to $3 billion, will be provided by Saudi Arabia. The arrangement will be intact for three years, and will be reviewed from then.<\/p>\n

\n
\n

. @KingSalman<\/a> Receives Pakistan’s PM @ImranKhanPTI<\/a> pic.twitter.com\/8Y4xOQAL31<\/a><\/p>\n

\u2014 Foreign Ministry ???????? (@KSAmofaEN) October 23, 2018<\/a>\n<\/p><\/blockquote><\/div>\n

\n
<\/div>\n<\/div>\n

Imran Khan addressed a number of issues in Pakistan at the conference<\/h4>\n

During the FII conference, Khan confirmed that Pakistan was in discussion with the International Monetary Fund (IMF) for a new bailout. Pakistan is also looking for foreign aid to help receive a huge budgetary gap which the prime minister had blamed his country’s previous administration and its mismanagement.<\/p>\n

Khan has now been in office for a little more than 60 days and promised (during his election campaign) that he will help create 10 million jobs and establish an “islamic welfare state.”<\/p>\n

\n
\n

Prime Minister Imran Khan urged foreign investors to invest in #Pakistan<\/a>. He put forth investment opportunities in a special session in FII Conference focused on Pakistan, a land of \u2018emerging opportunities pic.twitter.com\/U8vz0IVlUO<\/a><\/p>\n

\u2014 Asif Mughal (@asifmughalphoto) October 23, 2018<\/a>\n<\/p><\/blockquote><\/div>\n

READ MORE: <\/em>Pakistanis Everywhere Are Proud Of Their Prime Minister Imran Khan For His Statements At The FII Conference<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The Kingdom has pledged $ US 3 billion to support Pakistan and allow for a deferred oil payments to help refrain it off a budget crisis. According to Arab News, the deal was a direct result of Pakistani Prime Minister Imran Khan’s attendance at the opening of the Future Investment Initiative (FII) in Riyadh on … ","protected":false},"author":391,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"acf":{"legacy_image":"https:\/\/cloud.lovinsaudi.com\/images\/_relatedEntryImage2x\/Imran-Khan-and-MBS.png?mtime=20181024085658","legacy_full_image":"https:\/\/cloud.lovinsaudi.com\/images\/_featuredImage\/Imran-Khan-and-MBS.png?mtime=20181024085658 880w","legacy_meta_tags":"The Kingdom Has Pledged To Give US $3 Billion In Support To Pakistan To Help It Prevent A Budget Crisis - Lovin Saudi<\/title><meta name=\"description\" content=\"The Kingdom has pledged $ US 3 billion to support Pakistan and allow for a deferred oil payments to help refrain it off a budget crisis.\nAccording to Arab News, the deal was a direct result of Pakistani Prime Minister Imran Khan&#039;s attendance at the opening of the Future Investment Initiative (FII) in Riyadh on Tuesday.\">\n<link rel=\"canonical\" href=\"https:\/\/lovinsaudi.com\/future-investment-initiative\/the-kingdom-has-pledged-to-give-us-3-billion-in-support-to-pakistan-to-help-it-prevent-a-budget-crisis\">\n<!-- <link rel=\"amphtml\" href=\"https:\/\/lovinsaudi.com\/future-investment-initiative\/the-kingdom-has-pledged-to-give-us-3-billion-in-support-to-pakistan-to-help-it-prevent-a-budget-crisis\/amp\">\n --><meta property=\"og:title\" content=\"The Kingdom Has Pledged To Give US $3 Billion In Support To Pakistan To Help It Prevent A Budget Crisis\">\n<meta property=\"og:type\" content=\"article\">\n<meta property=\"og:url\" content=\"https:\/\/lovinsaudi.com\/future-investment-initiative\/the-kingdom-has-pledged-to-give-us-3-billion-in-support-to-pakistan-to-help-it-prevent-a-budget-crisis\">\n<meta property=\"og:description\" content=\"\">\n<meta property=\"og:image\" content=\"https:\/\/cloud.lovinsaudi.com\/images\/Imran-Khan-and-MBS.png?mtime=20181024085658\">\n<meta property=\"og:image:width\" content=\"1026\">\n<meta property=\"og:image:height\" content=\"616\">\n<meta name=\"twitter:card\" content=\"photo\">\n<meta name=\"twitter:site\" content=\"lovinsaudi\">\n<meta name=\"twitter:title\" content=\"The Kingdom Has Pledged To Give US $3 Billion In Support To Pakistan To Help It Prevent A Budget Crisis\">\n<meta name=\"twitter:creator\" content=\"lovinsaudi\">\n<meta name=\"twitter:description\" content=\" The Kingdom has pledged $ US 3 billion to support Pakistan and allow for a deferred oil payments to help refrain it off a budget crisis.\nAccording to Arab News, the deal was a direct result of Pakistani Prime Minister Imran Khan's attendance at the opening of the Future Investment Initiative (FII) in Riyadh on Tuesday.\n\">\n<meta name=\"twitter:url\" content=\"https:\/\/lovinsaudi.com\/future-investment-initiative\/the-kingdom-has-pledged-to-give-us-3-billion-in-support-to-pakistan-to-help-it-prevent-a-budget-crisis\">\n<meta name=\"twitter:image\" content=\"https:\/\/cloud.lovinsaudi.com\/images\/Imran-Khan-and-MBS.png?mtime=20181024085658\">\n"},"image_feature":null,"author_name":"LovinSaudi","_links":{"self":[{"href":"https:\/\/lovin.co\/riyadh\/en\/wp-json\/wp\/v2\/posts\/2477"}],"collection":[{"href":"https:\/\/lovin.co\/riyadh\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lovin.co\/riyadh\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lovin.co\/riyadh\/en\/wp-json\/wp\/v2\/users\/391"}],"replies":[{"embeddable":true,"href":"https:\/\/lovin.co\/riyadh\/en\/wp-json\/wp\/v2\/comments?post=2477"}],"version-history":[{"count":0,"href":"https:\/\/lovin.co\/riyadh\/en\/wp-json\/wp\/v2\/posts\/2477\/revisions"}],"wp:attachment":[{"href":"https:\/\/lovin.co\/riyadh\/en\/wp-json\/wp\/v2\/media?parent=2477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lovin.co\/riyadh\/en\/wp-json\/wp\/v2\/categories?post=2477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lovin.co\/riyadh\/en\/wp-json\/wp\/v2\/tags?post=2477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}