{"id":298866,"date":"2022-12-03T06:36:33","date_gmt":"2022-12-03T01:36:33","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=298866"},"modified":"2022-12-03T06:36:33","modified_gmt":"2022-12-03T01:36:33","slug":"s-arabia-extends-term-of-3b-deposit-with-state-bank-of-pakistan","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/s-arabia-extends-term-of-3b-deposit-with-state-bank-of-pakistan\/","title":{"rendered":"S. Arabia extends term of $3b deposit with State Bank of Pakistan"},"content":{"rendered":"<p>ISLAMABAD<br \/>\nSaudi Arabia has extended the term of the $3 billion deposit it provided to Pakistan for supporting its economy.<br \/>\nAccording to a tweet uploaded by the Saudi Fund for Development on Friday, it was announced that in implementation of the directives of the Custodian of the Two Holy Mosques and His Royal Highness Crown Prince and Prime Minister Muhammed bin Salman in support of the economy of the Islamic Republic of Pakistan the Saudi Fund for Development has extend the term of the $3 billion deposit parked by Kingdom of Saudi Arabia at the State Bank of Pakistan (SBP).<br \/>\nThe deposit agreement between the Saudi Fund for Development (SFD) and the SBP was signed in November 2021 for the $3 billion deposit to support Pakistan\u2019s dwindling foreign exchange reserves.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD Saudi Arabia has extended the term of the $3 billion deposit it provided to Pakistan for supporting its economy. According to a tweet uploaded by the Saudi Fund for Development on Friday, it was announced that in implementation of the directives of the Custodian of the Two Holy Mosques and His Royal Highness Crown [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-298866","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-top-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>S. 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