It also gave oil on deferred payments in the 1990s, but Pakistan never repaid the amount, according to a media report quoting officials of the finance ministry.
He said the government immediately needed Dollars 12 billion to USD 13 billion to ease the financial crisis and retire foreign debt.
He will be accompanied by a high-level delegation, including Foreign Minister Shah Mehmood Qureshi.
The prime minister's attendance at the FII comes as leading policy-makers and corporate chiefs shunned the conference in response to the death of journalist Jamal Khashoggi at the Saudi consulate in Istanbul.
Expressing disappointment over Khan's address to the nation, the Pakistan Muslim League-Nawaz (PML-N) and the Pakistan Peoples Party (PPP) asked the government to brief the nation about the terms and conditions on which Saudi Arabia had agreed to provide a bailout package to the country.
Pakistani Prime Minister Imran Khan prepares to speak at the opening of the Future Investment Initiative conference, in Riyadh, Saudi Arabia, Tuesday, Oct. 23, 2018.
Pakistani officials have been concerned the United States, which has fallen out with Islamabad, will push the International Monetary Fund to impose harsh conditions on Pakistan as part of any bailout.
Red Dead Redemption 2 runs at native 4K on Xbox One X
After what has felt like an eternity of anticipation, Rockstar's Red Dead Redemption 2 hits shelves worldwide today, October 26. No release date for the full Red Dead Redemption 2 has yet been confirmed by developers Rockstar Games .
Earlier in the day, the Economic Coordination Committee, chaired by Finance Minister Asad Umar, had announced that it was putting off a decision on a proposed hike.
Though China is now Pakistan's closest ally, Khan's newly elected government has sought to re-think the two countries' signature project, the $60 billion China-Pakistan Economic Corridor (CPEC), which Beijing touts as the flagship infrastructure programme in its vast Belt and Road Initiative.
The situation could further improve if China also makes some commitments to rescue its "all-weather friend", it said, noting that Khan is scheduled to travel to China on November 3 for his first visit.
He accused the previous two governments of plunging the country into its worst financial crisis, and said the opposition parties' recent plan to form an alliance was aimed at pressing the government to get some relief under a deal like the National Reconciliation Ordinance (NRO) that was bestowed upon them by retired General Pervez Musharraf.
During the visit, Prime Minister Imran Khan will hold meetings with Chinese President Xi Jinping and Premier Li Keqiang and review the entire range of bilateral relations which have enjoyed a long history of mutual trust and mutual support, spokesperson Dr Muhammad Faisal said. Officials estimate the proposed project may bring up to $8 billion in Saudi investment.
The Trump administration has been critical of China's Belt and Road Initiative, saying that it has saddled some developing countries with debts they can not afford to repay.
The university also tweeted , "Shooting suspect still on foot". "Last night, the University of Utah lost one of our own". The suspect believed to be responsible for her death was found dead a short time later at an off-campus location.
But as she spoke to MPs the Prime Minister knew that some of her harshest critics were not opposite her but on her own side. The prime minister said she didn't want that to happen, but noted it may be useful for certain situations.
To have won three ICC Global events is a remarkable achievement and will live long in the memories of all West Indies supporters. What makes Kohli's record so impressive is that he has just taken 205 innings to cross the 10,000 run mark.
Previous year the Android 6.0.1 update was pushed to Samsung phones including the then two-year-old Note 4. The ICA said its investigations targeted Samsung's Note 4 and Apple's iPhone 6, both released in 2014.
The companion app will allow players to view real-time interactive information on their smart device while playing the game. Although we must warn you, there are potential spoilers in this article so read at your own discretion.
You're actually more likely to win an Oscar or get killed by a falling vending machine than hitting Tuesday's grand prize. The Mega Millions drawing is just hours away and the jackpot is worth $1.6 billion, making it the biggest jackpot ever .
She is in the middle of the second year of a three year contract, which reportedly pays her more than $20 million a year. She apologized in a tearful message to viewers on Wednesday's episode of her show, as well as privately to her staff.
Lowry shot a 66 in the final round. "It's incredible to be able to win here at Valderrama three times". The tournament victor a year ago and in 2011, Garcia had a 10-under 132 total at Valderrama Golf Club.
Meghan Markle accidentally left tag attached to her dress!
Following their grand welcome to the island, Meghan and Harry changed into their formal wear for the Fijian state dinner . Behind Prince Charles is Prince William, followed by Prince George, Princess Charlotte, Prince Louis, and Prince Harry .
Bomb Suspect Will be Brought to 'SWIFT and CERTAIN' Justice
Two were intended for former vice-president Joe Biden at his home state of Delaware and one for actor Robert De Niro in Manhattan. Mr Biden has also criticised Mr Trump, as recently as last week, saying he may not "know what he's doing" and coddles dictators.
Worlds oldest intact shipwreck found in Black Sea
The ruins were discovered more than a mile underwater, in oxygen-free conditions that helped preserve the ship's parts. Adams said that the ship, both oar and sail-powered, would have been primarily used for trading, The Times reported .
Megyn Kelly Today Cancelled After Blackface Comments
When NBC brought her over they paid her an enormously high salary, built her a $10m studio and let her bring all her own staff. Yet another person claiming it's racist to have a white Santa, ' " Kelly, then a Fox News personality, said at the time.
Alleged Saudi decoy wore Khashoggi's clothes, CNN reports
However, leading Republicans and Democrats in Congress are saying Saudi Arabia should face punishment over Khashoggi's killing. The official said Saudi statements had changed because of "false information reported internally at the time".