"Saudi Arabia tells Pakistan: No more easy money." - Highland Properties

“Saudi Arabia tells Pakistan: No more easy money.”

"Saudi Arabia tells Pakistan: No more easy money."
20 Mar

Saudi Arabia has reportedly told Pakistan that it will not provide any more easy money to the country. This statement comes after Pakistan sought loans and deferred oil payments from Saudi Arabia, which has been a key ally and supporter of Pakistan’s economy in the past. However, Saudi Arabia has now expressed concerns over Pakistan’s fiscal discipline and its ability to repay its debts. Pakistan’s fiscal deficit has widened in recent years, and the country has been struggling to secure IMF loans due to its failure to implement necessary economic reforms. This development could have significant implications for Pakistan’s economy, which is already facing a range of challenges, including inflation and a weak currency.

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