Pakistan In Focus - Pakistan gets Saudis' 'Green Signal' for dollar 2 bn funding.

Pakistan has received the nod for funding to the tune of $2 billion from Saudi Arabia, finance ministry sources on Wednesday said.

The development is a significant step towards reaching a staff-level agreement with the International Monetary Fund (IMF), which has imposed the condition of Pakistan securing $3 billion from other countries for the revival of its $6.5 billion bailout package.

Apart from Saudi Arabia giving the green signal for the provision of $2 billion to Pakistan, the sources said Finance Minister Ishaq Dar would meet the leadership of the UAE before leaving for the US on April 10.

The sources further said the IMF was still insisting on its...