Nov. 10 (Bloomberg) -- Pakistan will get a loan of $380 million from Saudi Arabia to help the south Asian country improve its balance of payments, the News newspaper reported, without saying where it got the information.

The government of Saudi Arabia will provide the loan on soft terms, according to today’s report in the newspaper.

To contact the reporter on this story: Khalid Qayum in Islamabad at kqayum@bloomberg.net

Last Updated: November 9, 2009 23:08 EST