Tag: support package

Islamabad : Pakistan and the United Arab Emirates (UAE) have finalised a $6.2 billion support package to help Islamabad address its balance of payments challenge, the media reported on Saturday. The package involves $3.2 billion worth of oil supplies on deferred payment, besides a $3 billion cash deposit. It is expected to be announced by Crown Prince Sheikh Mohammed bin Zayed Al Nahyan during his visit to the country starting Sunday, Dawn reported. According to a government official, the package was finalised on Thursday evening and was similar to that given by Saudi Arabia. With this, Pakistan...