KARACHI: Pakistan has received another $1 billion from the United Arab Emirates on Tuesday, said the State Bank of Pakistan.

This was second tranche of $3bn promised by the Emirates.

The SBP on March 9 reported it had signed an agreement with the Abu Dhabi Fund for Develop­ment (ADFD) for $2bn which would be placed in its account.

Pakistan had already received the first tranche of $1bn in January as part of the agreement with ADFD.

Published in Dawn, March 13th, 2019

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.