UAE confirms to IMF support of $1 bln to Pakistan - finance minister

  • 📰 Reuters
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

The United Arab Emirates has confirmed to the International Monetary Fund that it will provide support of $1 billion to Pakistan, the South Asian country's finance minister said on Friday.

The commitment is one of the requirements that the fund has said it needs to move ahead on a months-long delayed bailout package to shore up the country's struggling economy.

"State Bank of Pakistan is now engaged for needful documentation for taking the said deposit from UAE authorities," Pakistan Finance Minister Ishaq Dar said on Twitter.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

That money ain’t gonna come back to you forever.!

This is extremely shameful for us as a nation. The regime that has brought us into this situation should be banned from the country for the rest of their lives along with their children and their parties should be banned as well.

United States United States Latest News, United States United States Headlines