SBP, ADFD sign agreement: Pakistan to receive $2 billion soon

Pakistan is expected to receive $2.0 billion from Abu Dhabi soon under the agreement signed by the both countries. In this regard, the agreement for the placement of the second tranche of $2.0 billion by Abu Dhabi Fund for Development (ADFD) with the State Bank of Pakistan (SBP) has been signed between the SBP and the ADFD. These funds are expected to be received shortly by the State Bank of Pakistan.
It may be recalled that the first tranche of $1.0 billion has already been received by SBP in January 2019.