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KSA announces $1bn oil facility, $5bn deposit rollover as PM lands in Riyadh

Saudi Arabia has decided to lend a helping hand to Pakistan once again by providing a $1 billion oil facility during the ongoing fiscal year 2025-26, while also rolling over $5 billion in deposits, the Finance Ministry confirmed on Monday. According to finance officials, the $1 billion oil facility is equivalent to around Rs290 billion. […]


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