Pakistan has made a formal request to the Kingdom of Saudi Arabia for $1 billion in oil facilities on deferred payment terms, set for the calendar year 2024. This request comes at a crucial juncture, just ahead of the International Monetary Fund’s (IMF) review talks. The financing plan, which encompasses this request, has been meticulously devised as part of a larger $3 billion Standby Arrangement (SBA) program orchestrated by the IMF, specifically tailored to address...