Pakistan and Saudi Arabia have agreed for increment of Saudi deposits in the State Bank of Pakistan (SBP) by $2 billion, increasing the total to $5 billion from $3 billion.
Key subjects of conversation included Saudi Arabia's support in Pakistan's economy and the common desire to improve trade and investment connections.
Besides, Saudi Arabia consented to put resources into the foundation of another oil refinery and copper mines in Pakistan.
These drives are important for a more extensive understanding wherein Saudi Arabia means to put $21 billion in Pakistan, containing a $14 billion oil refinery and $7 billion worth of copper mines.
#SaudiArabia #Pakistan #StateBankofPakistan #SBP #OilRefinery
