Islamabad, H.E. Mr. Nawaf Bin Said Al-Malki, Ambassador of Kingdom of Saudi Arabia called on the Federal Minister for Finance & Revenue, Mr. Muhammad Ishaq Dar at Finance Division today.

Finance Minister Senator Ishaq Dar extended warm welcome to the Ambassador of Saudi Arabia and highlighted the historical, religious, cultural and long-standing bilateral ties between Pakistan and Saudi Arabia. It was shared that both of states enjoy exceptional relationship on various front including economy and trade.

The Finance Minister apprised the Ambassador of Kingdom of Saudi Arabia about the ongoing post-flood reconstruction and rehabilitation program. Finance Minister Mr. Muhammad Ishaq Dar thanked the Ambassador on extending the term of US$ 3 billion deposit in SBP by Saudi Fund for Development (SFD). He also thanked Saudi Fund for Development for their valuable investments in different sectors of Pakistan’s economy.

H.E. Mr. Nawaf Bin Said Al-Malki, Ambassador of Saudi Arabia acknowledged the long-term relationship and shared that Kingdom of Saudi Arabia aims at further deepening the economic and commercial ties with Pakistan.

In conclusion, Finance Minister Mr. Muhammad Ishaq Dar expressed gratitude toward Kingdom of Saudi Arabia for continuous support and cooperation with Pakistan.