Saudi Arabia to transfer cash aid to Pakistan “soon”, says Nawaf Al-Malki

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ISLAMABAD: Saudi Arabia will soon make a cash deposit to Pakistan as part of the financial aid pledged after the Royal Court’s approval and the signing of a memorandum of understanding in a few days, the Saudi Ambassador Nawaf Bin Said Al-Malki.

“It will soon be InshaAllah. There will be the agreement of the Royal Court and the MoU will be signed in a few days for the payment, and also for the deferred payment of oil. [facility]”Said the Saudi envoy in an exclusive interview with APP, during his visit to headquarters.

Saudi Arabia recently announced that it will provide Pakistan with $ 3 billion as a cash deposit with the State Bank to deal with its balance of payments crisis. In addition, the Kingdom had pledged a one-year deferred payment facility for oil imports, worth up to an additional $ 1.2 billion.

Ambassador Al-Malki said the government of Saudi Arabia regards Pakistan as “a dear country” with a very deep and strong relationship.

He said Saudi Arabia was always on Pakistan’s side and had supported it on several occasions, adding that relations with Pakistan were independent of any government in power.

“Our connection is with the Pakistani flag and we regard it as our brother country,” he said, adding that he saw a “very bright future for Pakistan”.

The Saudi ambassador spoke of the camaraderie between Saudi Crown Prince Mohammed Bin Salman and Prime Minister Imran Khan and said he was confident the relationship would grow stronger in the future.

In three years, Prime Minister Imran Khan’s six visits to the Kingdom reflect the level of relations, he added.

The Saudi envoy said the Pakistani people love the Kingdom of Saudi Arabia from the bottom of their hearts and hold the guardian of the holy mosques in high regard.

Asked about the extent of collaboration between the media of the two countries, he said the role of the media was “very important in bringing nations together”.

Ambassador Al-Malki, who is completing his eight-year stay in Pakistan in a few months, said the people of the country are very friendly and deserve a lot of good in their lives.

From the JF-17 fighter plane to the thousands of factories in Faisalabad, he said, there were many positive things to be proud of and thus shown to the world as a picture of a “real man.” Pakistan ”.

He wished Pakistan the best of stability, progress and prosperity.

Earlier, the Saudi ambassador in a meeting with the director general of APP Mobashir Hasan discussed ways to strengthen cooperation, especially in terms of media and people-to-people contacts.


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