Pakistan and Saudi Arabia has signed a deal of investment agreements worth $20 billion which will provide a welcome relief to the teetering economy of the cash-strapped South Asian country.

“Today we signed MoUs. The amount of that kind of investment is $20 billion. It is big for phase one and definitely it [Saudi investment in Pakistan] will grow every month, every year in bigger numbers and it will be beneficial for both the countries,” the crown prince said.

Pakistan and Saudi Arabia has signed a deal of investment agreements worth $20 billion which will provide a welcome relief to the teetering economy of the cash-strapped South Asian country.

“Today we signed MoUs. The amount of that kind of investment is $20 billion. It is big for phase one and definitely it [Saudi investment in Pakistan] will grow every month, every year in bigger numbers and it will be beneficial for both the countries,” the crown prince said.