• PM Imran Khan thanks to UAE on depositing Dh11 million in SBP

      December 22, 2018    

    This assembly will financially help to Pakistan in keeping with fiscal policy.

    The United Arab Emirates has announced its purpose to deposit $three billion inside the kingdom financial institution of Pakistan to help the financial and monetary coverage of the Islamic Republic of Pakistan.

    The Abu Dhabi Fund for Development said, in a statement today, that it’ll deposit the said amount in the coming days to enhance liquidity and monetary reserves of foreign currency at the Bank.

    Prime Minister Imran Khan thanks to UAE govt. for generous support. He has tweeted in his official account. In the list of country that has established diplomatic relations with the UAE Pakistan is one of them. The support for Pakistan's financial coverage is primarily based on the ancient ties among the 2 peoples and the two friendly nations and the preference to further expand the bilateral cooperation in all fields.

    The Abu Dhabi Fund for improvement has financed 8 development initiatives in Pakistan with a total fee of Dh1.5 billion, including Dh931 million in grants. The budget included projects in sectors such as strength, health, schooling and roads.

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