Islamabad – Finance Minister Muhammad Aurangzeb announced that the approval of the IMF loan program from the Executive Board is expected this month.

While a final date has not yet been confirmed, the process is at an advanced stage, and the approval is anticipated soon.

Additionally, Pakistan is negotiating with Saudi Arabia for deferred payment options on oil imports.

Discussions are also underway for project-based investments under bilateral agreements with Saudi Arabia.

Aurangzeb further mentioned that talks are ongoing with commercial institutions, apart from friendly nations, for additional financial support.