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Saudi Arabia last month extended another loan of $3 billion at 4% to Pakistan for a year. Saudi Arabia's Crown Prince Mohammed bin Salman has ordered exploring increasing the kingdom's assistance and investments in Pakistan, a step toward furthering relief to the South Asian nation economy reeling from deadly floods. [Extracted from the article]

Saudi Arabia's Crown Prince Mohammed bin Salman has ordered exploring increasing the kingdom's assistance and investments in Pakistan, a step toward furthering relief to the South Asian nation economy reeling from deadly floods. Pakistan's economy was strapped for funds after a gridlock with the International Monetary Fund over tax targets delayed disbursal of loan installments. [Extracted from the article]

The kingdom discussed extending the term of its $3 billion deposit with Pakistan when Pakistan's Prime Minister Shehbaz Sharif met the kingdom's Crown Prince Mohammed bin Salman in May. (Bloomberg) -- Saudi Arabia plans to renew its $3 billion deposit in assistance to Pakistan, as the South Asian nation looks to rein in one of Asia's highest inflation rates and stave off a current-account crisis, according to people familiar with the matter. [Extracted from the article]

(Bloomberg) -- Saudi Arabia pledged to provide $4.2 billion in assistance to Pakistan, providing relief to the South Asian nation at a time when its foreign-exchange reserves are dwindling fast. The Saudi Fund for Development announced a deposit of $3 billion with State Bank of Pakistan to help shore up its reserves, Shaukat Tarin, the South Asian nation's finance adviser, said via a Twitter post. [Extracted from the article]

On Monday, Khan hit back against "Trump's false assertion", listing casualties and economic damage Pakistan had suffered in supporting America's war on terror. "Although Pakistan appears unwilling to accept several of the IMF's terms and conditions, we maintain our view that an eventual IMF bailout agreement is likely", according to Fitch. [Extracted from the article]