November 12, 2022
1 min read

Saudi Crown Prince postpones Pakistan trip

Saudi diplomatic sources are also confirming the development. However, the government has not confirmed or denied it yet…reports Asian Lite News

Crown Prince and Prime Minister of Saudi Arabia Mohammed bin Salman’s visit to Pakistan has been postponed which was scheduled to take place later in November.

Official sources told The Express Tribune that the Saudi crown prince’s visit to Asia has been delayed, therefore, his trip to Pakistan was also postponed. The Saudi prime minister will now go straight to Bali, Indonesia, where he will attend the G20 summit.

Saudi diplomatic sources are also confirming the development. However, the government has not confirmed or denied it yet.

The government of Prime Minister Shebhaz Sharif, which is facing multiple economic challenges, was keen to ensure the visit takes place as the Saudi crown prince was expected to announce another financial bailout package for Pakistan.

Finance Minister Ishaq Dar during his recent visit to Saudi Arabia sought additional $4.2 billion financial bailout package. He told reporters on Friday that Saudi Arabia had given a positive response to his request.

The MBS visit was seen as crucial as government was expecting some financial bailout package as well as revival of certain projects that were shelved during the PTI government.

The visit of MBS was being planned at a time when the coalition government led by Shehbaz is facing daunting economic challenges and when Saudi Arabia is involved in a diplomatic row with the US over the recent cut in oil supplies by major exporting countries.

ALSO READ: Pakistan eyes $13bn package from China, Saudi Arabia
Previous Story

Shehbaz extends stay in London

Next Story

Lanka envoy meets Doval, discuss bilateral ties

Latest from -Top News

Border Sealed, Hopes on Hold

A Hindu family from Balochistan’s Sibi was reportedly denied entry into India after the closure of border crossing….reports Asian Lite News Pakistan and India’s decision to shut down the Wagah-Attari border crossing

West visits Cambodia to strengthen ties 

The visit also addresses shared security concerns, including combating serious organised crime and human trafficking, and future defence cooperation initiatives  The UK and Cambodia are collaborating to advance climate initiatives and promote

UK and Ukraine deepen community ties  

 Thousands of school children across the UK and Ukraine have applied to take part in a landmark 100 Year Partnership programme between the two countries   Thousands of school children across the
Go toTop

Don't Miss

Saudi Crown Prince Set for Long-Awaited Islamabad Visit Next Week

Islamabad has repeatedly extended invitations to Prince Mohammad Bin Salman,

India, Saudi Arabia hold high-level meeting on investments

The two sides reviewed the discussions held between the technical