Cash-strapped Pakistan on Monday secured a bailout package of USD 3 billion from oil-rich Qatar, a day after Emir Sheikh Tamim bin Hamad concluded his visit to Islamabad and agreed to cooperate in the fields of trade, anti-money laundering and curbing terror financing.
Earlier, China gave USD 4.6 billion in shape of deposits and commercial loans and Saudi Arabia provided USD 3 billion cash deposit and USD 3.2 billion oil facility on deferred payments. The United Arab Emirates also provided USD 2 billion cash deposit.
Qatar’s financial assistance was announced by its Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani.