Published on Mar 06, 2023 03:52 PM IST
Cash-strapped Pakistan has once again turned to friendly-nations for assistance as it remains on the brink of a default. Islamabad is seeking confirmation from Saudi Arabia for securing additional deposits of $2 billion and a $950 million loan programme from the World Bank and Asian Infrastructure Investment Bank (AIIB) for signing the staff-level agreement with the IMF. Saudi deposits nod is crucial for clinching the IMF deal as Pakistan faces difficulty in talks with the global lender. Watch this video for details.
