No loan, oil supply for Pakistan, says Saudi Arabia

With Saudi Arabia ending loan and oil supply to Pakistan, the decade-long friendship between the two countries has finally ended, reported Middle East Monitor.

Pakistan was also made to pay back USD 1 billion to Saudi Arabia, which was part of a $6.2 billion package announced by Saudi Arabia in November 2018, which included a total of $3 billion in loans and an oil credit facility amounting to $3.2 billion.

The deals were then signed when Crown Prince Muhammed Bin Salman made a visit to Pakistan in February last year, the Middle East Monitor reported.

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