Pakistan Offers JF-17 Jets to Saudi Arabia to Settle $2 Billion Debt

World
N
News18•08-01-2026, 13:03
Pakistan Offers JF-17 Jets to Saudi Arabia to Settle $2 Billion Debt
- •Pakistan is reportedly negotiating with Saudi Arabia to convert $2 billion of its debt into a military deal for JF-17 Thunder fighter jets.
- •The move underscores Pakistan's severe economic crisis and shrinking debt repayment capacity, seeking alternatives to cash repayments.
- •The potential deal, estimated at $4 billion, includes jets, weapons, spare parts, and pilot training, with $2 billion offsetting the Saudi loan.
- •Discussions follow a mutual defense pact signed in September 2025, deepening security ties between Pakistan and Saudi Arabia.
- •Saudi Arabia is reassessing defense partnerships, finding JF-17s a cheaper, quicker alternative to F-35s, while Pakistan aims to boost defense exports.
Why It Matters: Pakistan seeks to settle $2 billion Saudi debt by offering JF-17 fighter jets amid economic crisis and defense export push.
✦
More like this
Loading more articles...





