Saudi Arabia confirms one-year extension of $3 billion deposit, Pakistan central bank says

ISLAMABAD: Pakistan’s central bank on Sunday said the Saudi Fund for Development has confirmed it will extend for one year a $3 billion deposit currently placed in the bank’s accounts since 2021.

The deposit was to mature on Dec. 5, but that has now been extended to next year, the State Bank of Pakistan said on Twitter.

Leave a Reply

Your email address will not be published.

Previous Story

Biden says U.S. forces would defend Taiwan in the event of a Chinese invasion

Next Story

Russian soldiers to get 10 years imprisonment on surrender, New bill passed by parliament

Latest from Asia