Saudi Arabia gave debt repayment assistance to Pakistan on Thursday.

According to a statement made by the Ministry of Economic Affairs, Saudi Arabia has rescheduled Pakistan’s debt of more than 84 million dollars and has defaulted on it for the next six months.

In Saudi Arabia, a ceremony was held to sign a credit agreement with Pakistan. As part of the G20 endeavour, Saudi Arabia will provide help to Pakistan. For the next six months, loan repayment has been postponed.

Meanwhile, the Saudi ambassador was present at the occasion, and the Saudi Development Fund’s DG signed the deal.

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