Pakistan Crisis Saudi: Pakistan tells Saudi Arabia as ‘brother’, then why is the prince not giving loan, the poor country will yearn for pie-pie? – why saudi arabia does not bail out pakistan what is the reason
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Saudi Arabia changed the rules
According to the experts of Pakistan’s economy, Saudi Arabia has changed the rules related to financial assistance in the last few days. These rules have changed very fast. In such a situation, the elite class and the military of the country have become convinced that the relations with Saudi Arabia can be converted into an unconditional bailout. In the last decade, and especially since the middle of 2017, the rules have been changed in Saudi Arabia. These rules have now put an end to the traditional way of doing things in Riyadh.
Now you will not get blank check
If experts are to be believed, why should Pakistan’s military and government people not visit Saudi Arabia any number of times and keep asking for help again and again, but nothing is going to change now. Saudi Arabia will no longer give blank checks the way it used to. The government and officials of Pakistan should now understand that this is the new Saudi Arabia and how it takes decisions. According to him, it is very sad that Pakistani leaders are hollowing out the country’s potential abroad, just like in their own country.
China Pakistan News: Pakistan is waiting for a loan of two billion dollars from China, when will the help finally comeheavy investment in youth
When Pakistani writer Musharraf Zaidi returned from the Misc Global Forum in November last year, he saw the vibrancy of the youth there. The first impression any sensitive person will draw from Saudi Arabia today, he says, is the vibrancy of its youth. Saudi Arabia is the country which is fully active in actualizing the potential of its youth. He says that in February 2019, Saudi Arabia’s Crown Prince Mohammed bin Salman (MBS) had visited Pakistan. Four years after this visit, nothing has happened despite all the encouragement to formalize and close Saudi investments.
10 billion dollar investment also wasted
Four years after this visit, nothing has happened despite all the encouragement to formalize and close Saudi investments. At that time an investment of $10 billion was announced by MBS. This $10 billion figure has been repeated several times. Even after this nothing has happened. When King Salman announced to make MBS the Crown Prince, a section of Pakistan was happy. But MBS is the leader who is leading the way with a new perspective. He is making new rules in place of old traditions. He has taken many such decisions which are termed as bold. In 2015, Saudi Arabia’s main sovereign wealth fund, the Public Infrastructure Fund (PIF), was brought under the Council of Economic and Development Affairs.
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