Islamabad, 17th December: Pakistan has returned $1 billion out of its $3 billion loans to Saudi Arabia. Baagi TV: According to reports, Pakistan has repaid $1 billion to the Kingdom of Saudi Arabia on Wednesday as the second instalment of a $3 billion soft loan. Pakistan was able to pay back its loan amount after Beijing agreed to provide a $1 billion financing line to Islamabad, sources confirmed to Geo News on Thursday. This is the second time China has come to Pakistan’s rescue to repay the Saudi debt. Earlier this year, Islamabad repaid $1 billion to KSA in the first quarter … Continue reading Pakistan pays its second instalment to KSA