{"id":489587,"date":"2022-05-06T09:41:25","date_gmt":"2022-05-06T04:11:25","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=489587"},"modified":"2022-05-06T10:38:57","modified_gmt":"2022-05-06T05:08:57","slug":"pakistan-urges-saudi-not-to-withdraw-deposits-wants-oil-facility-extended","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pakistan-urges-saudi-not-to-withdraw-deposits-wants-oil-facility-extended\/","title":{"rendered":"Pakistan urges Saudi not to withdraw deposits, wants oil facility extended"},"content":{"rendered":"<p>Pakistan has requested Saudi Arabia not to withdraw its deposits given to its central bank and extend its oil facility for the cash-strapped country.<\/p>\n<p>Finance Minister Miftah Ismail while addressing a press conference in Karachi on Wednesday said Islamabad had requested Riyadh, which is considering rolling over dollar deposits as Islamabad looks to rein in one of Asia&#8217;s highest inflation rates and stave off a current-account crisis, to extend an oil loan facility to Pakistan.<\/p>\n<p>Saudi Arabia is discussing options including extending the term of a USD3 billion deposit with the State Bank of Pakistan, according to a joint statement issued after Pakistan Prime Minister Shehbaz Sharif&#8217;s recent meeting with Crown Prince Mohammed bin Salman.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pakistan has requested Saudi Arabia not to withdraw its deposits given to its central bank and extend its oil facility for the cash-strapped country. Finance Minister Miftah Ismail while addressing a press conference in Karachi on Wednesday said Islamabad had requested Riyadh, which is considering rolling over dollar deposits as Islamabad looks to rein in one of Asia&#8217;s highest inflation rates and stave off a current-account crisis, to extend an oil loan facility to Pakistan. Saudi Arabia is discussing options including extending the term of a USD3 billion deposit with the State Bank of Pakistan, according to a joint statement [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-489587","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/489587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=489587"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/489587\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=489587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=489587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=489587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}