Pakistan received its the first installment of $3 billion on behalf of the Saudi aid. This is confirmed by a spokesperson from the State Bank.
The first installment of worth $1 billion has already been transferred to the State Bank of Pakistan. The two-third part left will be transferred within the next few months.
It should be made clear that foreign reserves of Pakistan stand at $14.8 billion.
During the official visit of Prime Minister Imran Khan on October 23. An agreement was signed by Saudi Arabia to give Pakistan $3 billion as a balance payment and foreign reserves.
During the visit many other agreements were signed and Imran Khan also attended the Investment initiative conference on the invitation of King Salman.