International relationsPakistan army chief assumes loan diplomacy role amid forex crisis
Munir's Saudi Arabia, UAE trips likely timed to avert Islamabad debt default
The economic crisis in Pakistan likely prompted army chief Lt. Gen. Syed Asim Munir to directly ask wealthy Saudi Arabia and the UAE for new monetary assistance. (Nikkei montage/AP)
ADNAN AAMIR, Contributing writer
January 11, 2023 12:50 JST
ISLAMABAD -- Pakistan's chief of army staff Gen. Asim Munir completed his weeklong tour of Saudi Arabia and the United Arab Emirates on Tuesday, during which sources and experts believe he sought urgent financial assistance from the Gulf monarchies to prevent Islamabad from defaulting on its loans.