Saudi Arabia to give $3.6bn for oil purchases: Tarin

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enewspaper.com.pk/ Saudi Arabia to give $3.6bn

ISLAMABAD, (APP): Minister for Finance and Revenue Shaukat Tarin Friday said that Saudi Arabia had agreed to provide US$3.6 billion for the purchase of crude oil.

Saudi Arabia would pay $3.6 billion to the government of Pakistan on monthly basis over a period of two years, Shaukat Tarin said while talking to media in Jhelum.

He said the government of Pakistan would receive $150 million per month that would be utilized only for the oil purchase.

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