Islamabad: Finance Minister Ishaq Dar has confirmed that the United Arab Emirates has deposited one billion dollars into the State Bank account.
In the video conference, the Finance Minister said that in the recent past, the UAE had announced a loan of one billion dollars, which was assured by the authorities in the Prime Minister’s visit to the UAE, while a few days ago, the authorities also met with the Army Chief. It was assured.
He said that I thank the UAE leadership on behalf of the Prime Minister, Army Chief and the people of Pakistan.
Ishaq Dar said that the position of foreign exchange reserves is improving, two billion dollars came from Saudi Arabia yesterday, thus the foreign exchange reserves have increased by three billion dollars in two days.
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The finance minister said that the weekly report of foreign exchange reserves will be released on July 14. We want to bring foreign exchange reserves between 14 and 15 billion dollars.
He said that since the government took over in April 22, payments have not been delayed for even a minute while the rumors of default have died a natural death. Allah is Pakistan’s supporter and supporter, every day will be better for Pakistan.
The finance minister said that we all have to work together for the development and prosperity of Pakistan, Pakistan will regain its lost place in the world like the dream of Quaid-i-Azam.
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He said that during Nawaz Sharif’s 2015-2016 tenure, Pakistan was the 24th largest economy in the world, which had reached the 47th position during the PTI tenure.
Expressing gratitude to the Prime Minister
Prime Minister Shehbaz Sharif said that I would like to thank my dear brother, President UAE Mohammad bin Zayed, for giving a loan of one billion dollars.
He said that this cooperation of the UAE is important in our efforts to stabilize the economy.
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