info@news-matic.com

details

Pakistan vows to repay UAE $3.5 bn as rollover refused

With UAE declining further leniency amid escalating West Asia conflict, Pakistan is finally settling $3.5 bn debt. Under a $7 billion International Monetary Fund (IMF) programme, Pakistan is required to secure $12.5 billion in rollovers from three partners—China, Saudi Arabia, and the UAE—to meet external financing needs and maintain reserve levels. The programme... [2723 chars]

Cookie Consent + Tracking