Saudi Arabia's 'shocks' Pak; Refuses money to shore up Pak's Forex, secure IMF bailout

Pakistan may be losing the sympathy of even friendly nations now as Saudi Arabia reportedly refuses to provide further bailouts or interest-free loans. Pak authorities are 'shocked' that allies are not keen on helping Islamabad come out of economic emergency. The country is in dire need of sustained U.S. dollar inflows to avoid defaulting. Islamabad is also locked in difficult bailout talks with IMF. Watch this video to find out why the cash-starved nation faces difficulty getting easy money from Riyadh.

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Saturday, June 03, 2023
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