China, Saudi Arabia and UAE Great news for Pakistan | Geo News 12PM Headlines | 7th August 2024

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Exciting developments in international relations! Tune in to Geo News for today’s 12PM Headlines as we bring you the latest updates on the significant boost in ties between Pakistan, China, Saudi Arabia, and the UAE. What does this mean for Pakistan's future? Find out in this must-watch update. Don’t miss the key highlights and expert analysis!
Geo News is Pakistan's Number. 1 news channel, catering to a diverse audience with the latest updates on local and global political developments, sports, business, and entertainment. Known for its dedicated news services and top-notch coverage of breaking events, Geo News has established a markedly distinct position in the electronic media landscape. The ethos of transparency and accountability lies at the heart of Geo's principles, solidifying its stature as one of the most trusted sources of information both within Pakistan and beyond.
Rollover to be granted in deposits across 3 to 5 years, finmin says.
Countries to renew rollover every year to support Pakistan, he adds.
IMF informed about development, says Muhammad Aurangzeb.
After Islamabad received an extension on loan tenure from friendly nations, Finance Minister Muhammad Aurangzeb said the International Monetary Fund (IMF) will give its final nod to the $7 billion loan programme for Pakistan.
In this regard, Pakistan requested its three largest bilateral partners - Kingdom of Saudi Arabia, China, and United Arab Emirates - to grant rollover in deposits of $12 billion for three to five years.
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