Tag Archives: State Bank receives $1bn from UAE

KARACHI: The State Bank of Pakistan (SBP) received $1 billion from the UAE on Thursday following an agreement with the Abu Dhabi Fund for Development (ADFD) in Abu Dhabi on Jan 22. The ADFD has agreed to provide $3bn to Pakistan in three instalments to help bridge the country’s current account deficit. “The SBP has received $1bn from UAE today,” …

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