IslamicFinance.de

The State of Pakistan and the International Trade Finance Corporation of the Islamic Development Bank signed a financing agreement amounting to $ 386 million, to be used in importing oil and liquefied gas. The Pakistani side emphasized the importance of this agreement and its role in promoting economic and social development.
In another development, remittances from Pakistanis working in the Kingdom of Saudi Arabia amounted to 665 million dollars in September this year, an increase of 29%. On the basis of a total, remittances from the Gulf countries and Western countries reached 3 and 2 billion dollars in September this year.