Pakistan United Arab Emirates
Rs 29,000 crore… Pakistan to return billions of rupees in debt to UAE, Is there a Saudi connection? Pakistan will return $3.5 billion (Rs 29,000 crore) in financial deposits and loans to the UAE. Pakistan has decided to return $3.5 billion (Rs 29,000 crore) in financial deposits and loans to the United Arab Emirates (UAE), which had been rolling over since 2018. In an interview in Washington, Pakistan’s Finance Minister Mohammad Aurangzeb said that all options, including borrowing from Saudi Arabia, were being considered to strengthen foreign exchange reserves. When asked whether the Pakistani government was in talks to take…
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