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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Secondary Navigation Singapore Asia Pacific World Search Search: Pakistan's Zardari to visit Saudi Arabia for help Reuters - Saturday, November 1 ISLAMABAD, Oct 31 - Pakistani President Asif Ali Zardari will visit Saudi Arabia next week to seek economic assistance from its ally including help with oil payments, a government spokesman said on Friday. Pakistan has been seeking assistance from its allies, including the United States and China, to help stabilise its ailing economy and avert a balance of payments crisis but it has secured little help. Diplomats say Pakistan's allies, including Saudi Arabia, want to see the government reach an agreement with the International Monetary Fund before coming forward with their own help. The IMF said on Thursday talks with Pakistani officials in Dubai had been concluded and more discussions would be held in the next few days. Pakistan has asked Saudi Arabia to defer payments for its crude oil imports, which are expected to be worth about $5.9 billion during the 2008/09 fiscal year . "The president would solicit Saudi support for the Friends of Democratic Pakistan initiative and the oil facility requested by Pakistan," Foreign Ministry spokesman Mohammad Sadiq told a briefing. The friends group was set up last month on the sidelines of the U.N. General Assembly in New York by countries that want to help Pakistan, whose support is seen as vital in defeating al Qaeda and bringing stability to neighbouring Afghanistan. The group is due to meet in Abu Dhabi on Nov. 17 but officials have said the meeting should not be seen as a pledging forum. Zardari will visit Saudi Arabia on Nov. 4-5, the spokesman said. (Reporting by Aftab Borka and Augustine Anthony; Editing by Robert Birsel) Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Business Treasury bill rates fall even as stocks reboundAP - Saturday, November 1 Evidence of a recession grows higherAP - Saturday, November 1 Vodafone offers Storm free in U.K. with 2-yr planReuters - Saturday, November 1 Ag futures fall on Chicago Board of TradeAP - Saturday, November 1 TOPWRAP 13-Gloomy US consumers cut spending, Japan cuts ratesReuters - Saturday, November 1 Most Popular – Business Viewed Japan joins wave of rate cuts as recession fears grow McCain, Obama step up battleground blitz Australian F1 race posts record financial loss BBC chief quits, star presenter suspended over offensive prank When men see red, they see hot: study View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology

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