PM views Saudi leadership’s generous support instrumental in securing IMF deal

Shehbaz Sharif with Nawaf bin Saeed Ahmad Al Malkiy

ISLAMABAD, July 11 (APP): Prime Minister Muhammad Shehbaz Sharif on Tuesday thanked the Saudi leadership for their generous and unwavering support for Pakistan, which, he said, was particularly instrumental in securing the deal with the International Monetary Fund (IMF).

The prime minister was talking to Ambassador of Kingdom of Saudi Arabia Nawaf bin Saeed Ahmad Al-Malkiy who called on him, PM Office Media Wing said in a press release.  

The prime minister asked the ambassador to convey his special gratitude to Crown Prince and Prime Minister Mohammed bin Salman for the deposit of $2 billion dollars with the State Bank of Pakistan.

He also apprised ambassador Nawaf about the formation of Special Investment Facilitation Council (SFIC) to facilitate and fast-track potential investments from GCC member states, including the Kingdom of Saudi Arabia.

He emphasized that mutually rewarding Pakistan-Saudi cooperation in key areas including IT, energy, infrastructure and labour must be fast-tracked and augmented.

Ambassador Nawaf, while expressing satisfaction on the current trajectory of bilateral relations between the two brotherly countries, noted that Pakistan and Saudi Arabia were bound in a fraternal relationship marked by mutual trust and understanding, close cooperation, and an abiding tradition of supporting each other through thick and thin.

The prime minister reiterated that Pakistan eagerly looked forward to the visit of the crown prince and prime minister  to Pakistan at his earliest convenience.