Still, Fitch noted that Pakistan has made progress in rebuilding its foreign exchange reserves, outperforming targets set by ...

Saudi Arabia's economy returned to growth in 2024, with real gross domestic product increasing 1.3% compared to the previous ...

Saudi Arabia has granted Pakistan an oil import financing facility, deferring oil payment of $1.2 billion by one year. The ...

Fitch Ratings said Pakistan has continued to make progress in restoring economic stability and rebuilding external buffers, ...

Saudi Arabia's economy is expected to grow by 3.3% in 2025 and 4.1% in 2026, according to the International Monetary Fund’s ...

Pakistan and Saudi Arabia on Monday signed a deal for $1.2 billion loan to buy oil on deferred payments, bridging the foreign ...

Saudi Arabia’s non-oil private sector has expanded at its fastest pace in 10 years, driven by record-high demand and an ...

The kingdom has also reoriented its spending from overseas into its domestic market. One indicator of this was that in 2024, ...

Prime Minister Shehbaz welcomed the signing of the oil import financing facility, the Prime Minister’s Office (PMO) said in a ...

Pakistan has secured a one-year deferment of USD 1.2 billion payment on oil imports from Saudi Arabia, aimed at bolstering ...

Finance Minister Muhammad Aurangzeb held a meeting with CEO of the Saudi Fund for Development Sultan Abdulrahman Al-Marshad ...

Fitch Ratings highlights Pakistan’s economic stability progress, improved foreign reserves, and key IMF programme updates for February 2025.