Pakistan gets $2 billion from UAE, with $1-billion additional loan in pipeline1 min read . Updated: 19 Jan 2023, 09:05 AM IST
UAE President Sheikh Mohammed bin Zayed al-Nahyan promised to grant a $1-billion extra loan in addition to rolling over the existing $2-billion loan.
On January 19, the Abu Dhabi Fund for Development (ADFD) extended its $2-billion deposit with the State Bank of Pakistan (SBP). Prime Minister Shehbaz Sharif spoke with UAE President Sheikh Mohammed bin Zayed al-Nahyan about the rollover during his recent visit to Pakistan, according to Pakistan's Finance Minister Ishaq Dar.
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