Islamabad: Saudi Arabia has once again opened its treasury for Pakistan which is facing a severe economic crisis. Saudi Arabia's Crown Prince Mohammed bin Salman has announced to increase his investment in Pakistan to $10 billion. According to the official Saudi news agency, the crown prince has also asked the Saudi Development Fund to explore increasing Saudi deposits in Pakistan's Central Bank to $5 billion.
Earlier in August 2022, investment was also announced for Pakistan. After this, the cash deposited by Saudi Arabia in the central bank also increased in December. Let us tell you that Pakistan, which is struggling with poverty, has once again reached the verge of bankruptcy. Foreign exchange reserves in the neighboring country have gone below $5 billion, so the Saudi government has taken this decision to help the economic condition there and the people of Pakistan.
Let us tell you that this is not the first time when an Islamic country Saudi Arabia has tried to save another Islamic country Pakistan from bankruptcy, but it has done this many times in the past as well.
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