ISLAMABAD: Pakistan and Saudi Arabia on Thursday signed three MoUs to grant projects of health and education sectors in Azad Jammu and Kashmir and Khyber Pakhtunkhwa.

Secretary Economic Affairs Division and Chief Executive Officer Saudi Fund for Development signed on behalf of their respective governments.

The MoUs were signed during a meeting of Saudi delegation led by Ahmad Agil F. Al-Khateeb, Chairman, Saudi Fund for Development (SFD) with Finance Minister Asad Umar here, said a statement issued here.

Al-Khateeb headed a six-member Saudi delegation that included senior officials of SFD. The Ambassador of Saudi Arabia to Pakistan, Nawaf Saeed Al-Malkiy was also present during the meeting.

Finance Minister discussed with the delegation matters relating to strengthening bilateral economic ties between the two brotherly countries.

The ongoing and pipeline projects of Saudi Fund for Development also came under discussion with a view to accelerate the pace of their implementation. Finance Minister appreciated the role of Saudi Development Fund as a development partner of the Government of Pakistan.