<p>Pakistan will likely secure a multibillion-dollar financial support package from long-time ally Saudi Arabia this month, two sources said, as the country awaits the ninth review of a $7 billion IMF bailout package.</p>.<p>The two finance ministry officials said the Saudi package would include deposits boosting the country's foreign reserves and oil on deferred payments.</p>.<p>Finance Minister Ishaq Dar said earlier he hoped talks with Saudi Arabia would materialise soon.</p>.<p>"We are expecting that we will, God willing, get financial support from Saudi Arabia, most likely this month," one of the senior officials told <em>Reuters</em>, adding it would be around a $4 billion package.</p>.<p>"Some of that package will go to our reserves and the rest is oil and some other commodities on deferred payments," he said.</p>.<p>"Pakistan has brotherly relations with Saudi Arabia. Both countries have helped each other in times of need," a finance ministry media coordinator told <em>Reuters</em>, without elaborating or giving any further details.</p>.<p>Pakistan's economy is facing a balance of payment crisis, with central bank reserves having fallen to $6.7 billion - hardly enough for a month of imports - and the current account deficit having widened.</p>
<p>Pakistan will likely secure a multibillion-dollar financial support package from long-time ally Saudi Arabia this month, two sources said, as the country awaits the ninth review of a $7 billion IMF bailout package.</p>.<p>The two finance ministry officials said the Saudi package would include deposits boosting the country's foreign reserves and oil on deferred payments.</p>.<p>Finance Minister Ishaq Dar said earlier he hoped talks with Saudi Arabia would materialise soon.</p>.<p>"We are expecting that we will, God willing, get financial support from Saudi Arabia, most likely this month," one of the senior officials told <em>Reuters</em>, adding it would be around a $4 billion package.</p>.<p>"Some of that package will go to our reserves and the rest is oil and some other commodities on deferred payments," he said.</p>.<p>"Pakistan has brotherly relations with Saudi Arabia. Both countries have helped each other in times of need," a finance ministry media coordinator told <em>Reuters</em>, without elaborating or giving any further details.</p>.<p>Pakistan's economy is facing a balance of payment crisis, with central bank reserves having fallen to $6.7 billion - hardly enough for a month of imports - and the current account deficit having widened.</p>