Finance

Pakistan all set to get $2 billion from UAE

Karachi, March 9, 2019: Deposit Agreement between the State Bank of Pakistan and Abu Dhabi Fund for Development.

The Agreement for the placement of the second transaction of $2 billion by Abu Dhabi Fund for Development (ADFD) with the State Bank of Pakistan (SBP) has been signed between the SBP and the ADFD.

These funds are expected to be received shortly by SBP.

It may be recalled that the first tranche of US$ 1.0 billion has already been received by SBP in January 2019.

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