KSA gives Pakistan $300m in aid

Saudi Arabia: Tuesday, March 11 - 2008 at 09:31

Saudi Arabia has given Pakistan $300m in aid to help promote economic stability in the south Asian, reported Bloomberg. Pakistan's Finance Ministry in Islamabad said the aid 'is very timely and will help Pakistan in meeting budgetary gaps effectively and promoting macro-economic stability'. The ministry said the deficit had widened because of high global oil prices.

Jeff  Florian Jeff Florian, Senior Reporter
Tuesday, March 11 - 2008 at 09:31 UAE local time (GMT+4)

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