Saudi Arabia annoyed with Pak

Abu Dhabi, Ta. Saturday, November 7, 2020

There is a big rift between Pakistan and Saudi Arabia over Kashmir. Pakistan's Foreign Minister Shah Mahmood Qureshi has directly challenged Saudi Arabia on the Kashmir issue. As a result, the UAE is now annoyed with Pakistan. However, Pakistan also sent its army chief Qamar Bajwa to persuade the UAE, although no agreement was reached.

According to Pakistani media reports, the UAE is upset and has now started collecting whatever loans it has taken from Pakistan and Saudi Arabia will have to repay a બે 2 billion loan to Pakistan next month.

The report in Pakistan's leading newspaper, The Express Tribune, claimed that sources in Pakistan's finance ministry said that Saudi Arabia had started collecting loans from Pakistan.

Pakistan's economic situation is already bad and inflation is at an all-time high. In order to repay the loan taken from Saudi Arabia, Pakistan now has to seek financial help from another country.

According to the report, the time is running out to return up to a portion of the money taken from Saudi Arabia next month. The loan is worth about 1 1 billion. Saudi Arabia helped Pakistan when it was in dire economic straits. However, now that the Pakistani minister has started making blatant statements, Saudi Arabia is angry with Pakistan.