UAE Agrees To Give An Additional $1bn Loan To Pakistan

Prime Minister Shehbaz Sharif and UAE President Sheikh Mohamed bin Zayed Al Nahyan met on Thursday. The Prime Minister’s Office on Thursday confirmed that the UAE agreed to roll over a loan of $2bln and give an additional loan of $1bn. After the meeting the PM office issued a statement and said that the President of UAE admired the historical ties between Pakistan and UAE and important contribution of overseas Pakistanis living in UAE.