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Wednesday Jul 24, 2019, Zul-qaadah 21, 1440 Hijri
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Pakistan received $1 billion from the UAE

13 March, 2019

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KARACHI: Pakistan has received another $1 billion from the United Arab Emirates on Tuesday, said the State Bank of Pakistan. This was second tranche of $3bn promised by the Emirates.

The SBP on March 9 reported it had signed an agreement with the Abu Dhabi Fund for Develop­ment (ADFD) for $2bn which would be placed in its account. Pakistan had already received the first tranche of $1bn in January as part of the agreement with ADFD.

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