Zardari with King Abudllah of Saudi Arabia
President of Pakistan Asif Ali Zardari visit Saudi Arabia with a delegation consisting of 200 members. The purpose of this visit was to seek financial assistance and supplying of oil on deferred payment basis. Saudis have always been helping Pakistan in the time of crisis. They have always been very helpful. This time round when Pakistan is once again passing through a financial crisis, Saudis have offered oil facility to Pakistan on deferred payment basis.
Pakistan urgently needed this facility because its foreign exchange reserves are ending because of poor economic management and high import bill. This facility will be offered for six months and it will give a breathing space to the economic managers of the country to do something.