Crown Prince Mohammed bin Salman stressed the Kingdom’s support to cash-strapped Pakistan during a phone call to congratulate recently reelected Pakistani PM Shehbaz Sharif, according to a statement from Pakistan’sInformation Ministry.

REMEMBER- The Kingdom has been among key backers of the financial crisis-hit Pakistan struggling from depleted foreign reserves. It extended the term for its USD 3 bn in deposits at the State Bank of Pakistan for an additional year maturing in December this year. The country also received last year USD 2 bn in financial assistance from the Kingdom to shore up finances.

The Foreign Ministry welcomed a UN resolution aimed at combating Islamophobia, the ministry said in a statement on X. “The Kingdom permanently supports the consolidation of a culture of mutual respect between followers of religion and sects and promotes the culture of coexistence…,” it said. The adopted UN resolution, which was tabled by Pakistan, will see the UN appoint a special envoy to combat Islamophobia.

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