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Pakistan Receives $1 Billion Saudi Boost As UAE Seeks Repayment

Pakistan has received the final $1 billion tranche of a $3 billion support package from Saudi Arabia, shoring up the South Asian nation’s foreign exchange reserves after the UAE declined to roll over its debt.

This article was originally published by Bloomberg Markets and is republished here under license.

Pakistan has received the final $1 billion tranche of a $3 billion support package from Saudi Arabia, shoring up the South Asian nation’s foreign exchange reserves after the UAE declined to roll over its debt.

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