Pakistan, Arab Monetary Fund, ink MoU, facilitate, cross-border remittances

Pakistan, Arab Monetary Fund ink MoU to facilitate cross-border remittances

Karachi, November 03, 2023: The Arab Monetary Fund (AMF) and the State Bank of Pakistan (SBP) signed a memorandum of understanding (MOU) to facilitate cross-border remittances between the Arab region and Pakistan. According to a statement, the MoU is signed to establish a framework of cooperation between Buna, the cross-border payment system operated by Arab…

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