Pakistan receives $2 bn from UAE, Saudi Arabia

The country's central bank, the State Bank of Pakistan (SBP), on Friday confirmed that Pakistan has received the third tranche of $1 billion as part of balance-of-payments support from close ally Saudi Arabia. On Thursday, the SBP tweeted that $1 billion has been received from the UAE. The assistance was the first part of the $3 billion assistance announced by the Gulf nation.

from World News Headlines, Latest International News, World Breaking News - Times of India http://bit.ly/2FP8jMB

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