Islamabad: Pakistan reportedly received a $1 billion financing commitment from the United Arab Emirates (UAE). A written guarantee in this regard would be expected in the ongoing week after Finance Minister Ishaq Dar put special request to the UAE officials, sources revealed. The UAE’s financing will pave the way for the release of $1.3bn pending tranche by the International Monetary Fund (IMF).

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

“Khan to give call for Islamabad once floods recede”: Sheikh Rashid

Former interior minister Sheikh Rashid Ahmed said on Sunday that PTI chief…

SC dismisses petition against proposed constitutional amendment

Supreme Court bench headed by Chief Justice Qazi Faez Isa dismissed a…

PTI’s Islamabad Long March on May 25: Imran Khan

On May 22, PTI chairman Imran Khan announced that his party’s long…

Satellite images show Russia building troops at Ukraine border

New York: On Dec 24, a private U.S. company released new satellite…