Pakistan to repay $2 billion loan to UAE amid Middle East tensions

Pakistan is set to repay a $2 billion loan to the UAE by month's end, a request reportedly linked to the Middle East's recent geopolitical shifts. The funds, held by the State Bank of Pakistan, were initially for balance of payment support. While Pakistan can meet this repayment, it may require further external financing for upcoming fiscal needs.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/KEC8M7o
via IFTTT