Another $1bn from UAE received: State Bank of Pakistan
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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.
Published in Dawn, March 13th, 2019