Pakistan gets green signal for $8bn package from friendly countries.
ISLAMABAD -- Pakistan has been given a green signal by friendly countries to provide investment and funding, ARY News reported on Friday, quoting well-placed sources.
According to sources within the finance ministry, there have been positive indications of an economic package worth $8 billion from friendly countries, among these friendly countries China, Saudi Arabia, United Arab Emirates, and Qatar are leading.
They further say that significant progress has been made in the negotiations between Pakistan and Saudi Arabia, and there is a possibility of doubling the oil facility on deferred payment from Saudi Arabia.
The oil facility will increase from 1.2 billion dollars to 2.4 billion dollars, there is also a possibility of getting safe deposits from Saudi Arabia.
Minister of State Ayesha Ghous Pasha said that the...
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