Friday, 25 January 2019 02:51

Pakistan gets $1 billion from UAE

Written by TheIndianSubcontinent News Agency
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ISLAMABAD: Pakistan has getd $1 billion loan from Unite Arab Emirates, State Bank of Pakistan has confirmed.The money has been transferred to State Bank of Pakistan (SBP) account, SBP said in its Twitter post.Pakistan and United Arab Emirates had signed an agreement to grant $3 billion loan to Islamabad.The agreement for $3 billion loan was signed...
ISLAMABAD: Pakistan has getd $1 billion loan from Unite Arab Emirates, State Bank of Pakistan has confirmed.The money has been transferred to State Bank of Pakistan (SBP) account, SBP said in its Twitter post.Pakistan and United Arab Emirates had signed an agreement to grant $3 billion loan to Islamabad.The agreement for $3 billion loan was signed by Governor State Bank of Pakistan Tariq Bajwa and Chairman Abu Dhabi Development Enjoymentd.As per the accord, UAE shall transfer $1 billion to Pakistan within a few days while the remaining $2 billion shall be handed over in two installments in two weeks.

TheIndianSubcontinent has not verified the content of the source. This first appeared/also appeared in  https://feedproxy.google.com/~r/com/YEor/~3/uG0M-qz7DlQ/423012-pakistan-receives-1-billion-from-uae-sources

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