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Saudi Arabia agrees to provide Pakistan $3 billion to address balance-of-payments crisis
[DAWN] Soddy Arabia...a kingdom taking up the bulk of the Arabian peninsula. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual hajj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. When the oil runs out the rest of the world is going to kick sand in the Soddy national face... has agreed to provide Pakistain $3 billion in foreign currency support for a year to address its balance-of-payments crisis, the government announced on Tuesday. The Kingdom has also agreed to provide Islamabad a one-year deferred payment facility for import of oil, worth up to another $3 billion. The agreements in this regard were signed during the visit of Prime Minister Imran Khan  ... aka Taliban Khan, who isn't your heaviest-duty thinker, maybe not even among the top five... to Saudi Arabia to attend the Future Investment Initiative (FII) conference, a trip he undertook on the invitation of King Salman  ...either the largest species of Pacific salmon or the current Sheikh of the Burnin' Sands, Custodian of the Two Holy Mosques and Lord of Most of the Arabians....bin Abdul Aziz al-Saud. According to a blurb issued by the government, several far-reaching decisions on bilateral economic and financial cooperation were reached during the discussions held between Pak and Saudi officials. Posted by: Fred 2018-10-24 |
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